12, KINGS ROAD, NORTH LUFFENHAM, OAKHAM, LE15 8JH - £385,000

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

12 KINGS ROAD is a small extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £385,000 in April 2023, which was around 21% below the average April 2023 detached price in the Rutland local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

12 KINGS ROAD Sold Prices

Land registry data shows four sales for 12 KINGS ROAD 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. All of the four 12 KINGS ROAD 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
2023 25 APR	£385,000	£488,730	21% below HPI
2008 8 APR	£279,250	£308,480	9% below HPI
2007 21 AUG	£235,000	£300,202	22% below HPI
2000 8 DEC	£130,500	£150,275	13% below HPI

12 KINGS 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 four 12 KINGS ROAD sales between December 2000 and April 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 April 2008 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 12 KINGS ROAD?

12 KINGS ROAD is 113m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% of detached houses in North Luffenham, based on EPC data. The below chart shows the distribution of detached houses by size in North Luffenham, and where 12 KINGS ROAD lies on this distribution: 33% of detached houses are smaller than 12 KINGS ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in North Luffenham.

12 KINGS ROAD: Plot and Title Map

12 KINGS ROAD sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 12 KINGS 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 12 KINGS 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 12 KINGS ROAD?

12 KINGS ROAD is located in NORTH LUFFENHAM, in the LE15 postcode district. The below map shows the position of No. 12 on KINGS ROAD.