13, WELL STREET, LANGHAM, OAKHAM, LE15 7JS - £342,500

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

13 WELL STREET is a small extended detached house of 109m², built sometime between 1950 and 1966. It was last sold for £342,500 in September 2023, which was around 35% below the average September 2023 detached price in the Rutland local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

13 WELL STREET Sold Prices

Land registry data shows three sales for 13 WELL STREET 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 13 WELL STREET 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 29 SEP	£342,500	£529,026	35% below HPI
2019 7 AUG	£305,000	£417,677	27% below HPI
2012 3 JUL	£190,000	£270,202	30% below HPI

13 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 three 13 WELL STREET sales between July 2012 and September 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 August 2019 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 13 WELL STREET?

13 WELL STREET is 109m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the smallest 30% of detached houses in Langham, based on EPC data. The below chart shows the distribution of detached houses by size in Langham, and where 13 WELL STREET lies on this distribution: 25% of detached houses are smaller than 13 WELL STREET, and 74% of houses are larger. Note that EPC data is not available for all properties in Langham.

13 WELL STREET: Plot and Title Map

13 WELL STREET sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 13 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 13 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 13 WELL STREET?

13 WELL STREET is located in LANGHAM, in the LE15 postcode district. The below map shows the position of No. 13 on WELL STREET.