16, BRIDGE STREET, LANGHAM, OAKHAM, LE15 7HU - £470,000

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

16 BRIDGE STREET is a very large extended detached house of 231m², built sometime before 1900. It was last sold for £470,000 in February 2013, which was around 54% above the average February 2013 detached price in the Rutland local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was E.

16 BRIDGE STREET Sold Prices

Land registry data shows four sales for 16 BRIDGE STREET 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 16 BRIDGE STREET sales were 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
2013 15 FEB	£470,000	£304,931	54% above HPI
2007 29 MAR	£560,000	£291,294	92% above HPI
2004 16 JAN	£450,000	£233,112	93% above HPI
1996 13 JUN	£47,500	£91,282	48% below HPI

16 BRIDGE 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 four 16 BRIDGE STREET sales between June 1996 and February 2013 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 2007 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the February 2013 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 16 BRIDGE STREET?

16 BRIDGE STREET is 231m², which includes two extensions, according to the EPC inspection conducted in March 2012. This puts it in the largest 10% of detached houses in Langham, based on EPC data. The below chart shows the distribution of detached houses by size in Langham, and where 16 BRIDGE STREET lies on this distribution: 93% of detached houses are smaller than 16 BRIDGE STREET, and 7% of houses are larger. Note that EPC data is not available for all properties in Langham.

16 BRIDGE STREET: Plot and Title Map

16 BRIDGE STREET sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 16 BRIDGE 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 16 BRIDGE 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 16 BRIDGE STREET?

16 BRIDGE STREET is located in LANGHAM, in the LE15 postcode district. The below map shows the position of No. 16 on BRIDGE STREET.