11, MELTON ROAD, LANGHAM, OAKHAM, LE15 7JN - £485,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 MELTON ROAD is a very large extended detached house of 254m², built sometime before 1900. It was last sold for £485,000 in August 2004, which was around 84% above the average August 2004 detached price in the Rutland local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

11 MELTON ROAD Sold Prices

Land registry data shows three sales for 11 MELTON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the three 11 MELTON ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 23 AUG	£485,000	£264,004	84% above HPI
2001 30 MAR	£210,000	£154,065	36% above HPI
1998 31 JUL	£173,000	£121,416	42% above HPI

11 MELTON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The three 11 MELTON ROAD sales between July 1998 and August 2004 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2001 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the August 2004 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is 11 MELTON ROAD?

11 MELTON ROAD is 254m², which includes four extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 10% of detached houses in Langham, based on EPC data. The below chart shows the distribution of detached houses by size in Langham, and where 11 MELTON ROAD lies on this distribution: 95% of detached houses are smaller than 11 MELTON ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Langham.

11 MELTON ROAD: Plot and Title Map

11 MELTON ROAD sits on a plot of roughly 0.185 of an acre, or 747m². The below map shows the location of 11 MELTON ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 11 MELTON ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 11 MELTON ROAD?

11 MELTON ROAD is located in LANGHAM, in the LE15 postcode district. The below map shows the position of No. 11 on MELTON ROAD.