14, GREAT LANE, GREETHAM, OAKHAM, LE15 7NG - £500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 GREAT LANE is a very small extended detached house of 117m², built sometime before 1900, which could now be worth an estimated £508,013. It was last sold for £500,000 in December 2022, which was around 4% above the average December 2022 detached price in the Rutland local authority area. The most recent EPC inspection was October 2024, where the current energy rating was D, and the potential energy rating was B.

14 GREAT LANE Sold Prices

Land registry data shows three sales for 14 GREAT LANE 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. One of the three 14 GREAT LANE sales was for above the average price, whilst two 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
2022 9 DEC	£500,000	£478,839	4% above HPI
2016 23 JUN	£240,000	£323,293	26% below HPI
2007 7 SEP	£218,500	£289,175	24% below HPI

14 GREAT 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 three 14 GREAT LANE sales between September 2007 and December 2022 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 June 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2022 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 14 GREAT LANE be worth now?

14 GREAT LANE might now be worth an estimated £508,013.

This is based on house price inflation of 1.6%, between December 2022 and February 2025, for detached houses, in the Rutland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.6% inflationary increase is applied to the most recent sale price for 14 GREAT LANE of £500,000 on 9th December 2022. For the value to have increased from £500,000 to £508,013 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 14 GREAT LANE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The December 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 14 GREAT LANE has not materially changed since December 2022.

How Large is 14 GREAT LANE?

14 GREAT LANE is 117m², which includes one extension, according to the EPC inspection conducted in October 2024. This puts it in the smallest 20% of detached houses houses in Greetham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Greetham, and where 14 GREAT LANE lies on this distribution: 15% of detached houses houses are smaller than 14 GREAT LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Greetham.

14 GREAT LANE: Plot and Title Map

14 GREAT LANE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 14 GREAT 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 14 GREAT 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 14 GREAT LANE?

14 GREAT LANE is located in GREETHAM, in the LE15 postcode district. The below map shows the position of No. 14 on GREAT LANE.