11, RUDDLE WAY, LANGHAM, OAKHAM, LE15 7NZ - £490,000

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 RUDDLE WAY is a midsized detached house of 146m², built sometime between 1996 and 2002. It was last sold for £490,000 in November 2023, which was around 5% below the average November 2023 detached price in the Rutland local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

11 RUDDLE WAY Sold Prices

Land registry data shows four sales for 11 RUDDLE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. Most of the four 11 RUDDLE WAY 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
2023 17 NOV	£490,000	£517,476	5% below HPI
2018 30 MAY	£425,000	£407,967	4% above HPI
2004 23 JUL	£320,000	£268,764	19% above HPI
2001 29 JUN	£236,700	£161,390	47% above HPI

11 RUDDLE WAY 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 four 11 RUDDLE WAY sales between June 2001 and November 2023 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 May 2018 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 11 RUDDLE WAY?

11 RUDDLE WAY is 146m² according to the EPC inspection conducted in April 2018. This puts it in the largest 50% 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 RUDDLE WAY lies on this distribution: 51% of detached houses are smaller than 11 RUDDLE WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Langham.

11 RUDDLE WAY: Plot and Title Map

11 RUDDLE WAY sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 11 RUDDLE WAY, 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 RUDDLE WAY). 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 RUDDLE WAY?

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