11, WHEEL LANE, BARROWDEN, OAKHAM, LE15 8ER - £430,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 WHEEL LANE is a very small detached house of 58m², built sometime between 1996 and 2002. It was last sold for £430,000 in June 2019, which was around 3% above the average June 2019 detached price in the Rutland local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

11 WHEEL LANE Sold Prices

Land registry data shows four sales for 11 WHEEL LANE 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 WHEEL LANE sales were for below 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
2019 17 JUN	£430,000	£417,737	3% above HPI
2012 9 MAR	£252,200	£285,962	12% below HPI
2002 24 MAY	£158,000	£175,140	10% below HPI
1999 15 DEC	£115,950	£130,458	11% below HPI

11 WHEEL LANE 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 WHEEL LANE sales between December 1999 and June 2019 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 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2019 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 11 WHEEL LANE?

11 WHEEL LANE is 58m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses in Barrowden, based on EPC data. The below chart shows the distribution of detached houses by size in Barrowden, and where 11 WHEEL LANE lies on this distribution: 3% of detached houses are smaller than 11 WHEEL LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Barrowden.

11 WHEEL LANE: Plot and Title Map

11 WHEEL LANE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 11 WHEEL LANE, 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 WHEEL LANE). 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 WHEEL LANE?

11 WHEEL LANE is located in BARROWDEN, in the LE15 postcode district. The below map shows the position of No. 11 on WHEEL LANE.