11, WELL STREET, LANGHAM, OAKHAM, LE15 7JS - £127,000

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 WELL STREET is a midsized extended detached house of 135m², built sometime between 1950 and 1966. It was last sold for £127,000 in February 2001, which was around 20% below the average February 2001 detached price in the Rutland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

11 WELL STREET Sold Prices

Land registry data shows two sales for 11 WELL STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. One of the two 11 WELL STREET sales was for below the average price, whilst the other was 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
2001 5 FEB	£127,000	£159,598	20% below HPI
1995 30 MAY	£99,500	£95,512	4% above HPI

11 WELL STREET 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 two 11 WELL STREET sales from May 1995 and February 2001 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 1995 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2001 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 11 WELL STREET?

11 WELL STREET is 135m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 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 WELL STREET lies on this distribution: 45% of detached houses are smaller than 11 WELL STREET, and 54% of houses are larger. Note that EPC data is not available for all properties in Langham.

11 WELL STREET: Plot and Title Map

11 WELL STREET sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 11 WELL STREET, 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 WELL STREET). 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 WELL STREET?

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