18, BURLEY ROAD, LANGHAM, OAKHAM, LE15 7HY - £300,000

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

18 BURLEY ROAD is a small extended detached house of 120m², built sometime between 1900 and 1929. It was last sold for £300,000 in March 2021, which was around 32% below the average March 2021 detached price in the Rutland local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was E.

18 BURLEY ROAD Sold Prices

Land registry data shows five sales for 18 BURLEY ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the five 18 BURLEY 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
2021 12 MAR	£300,000	£442,425	32% below HPI
2020 16 APR	£280,000	£407,240	31% below HPI
2011 26 AUG	£195,000	£301,016	35% below HPI
2007 26 FEB	£175,000	£273,802	36% below HPI
1998 5 JUN	£68,500	£121,399	44% below HPI

18 BURLEY 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 five 18 BURLEY ROAD sales between June 1998 and March 2021 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 2020 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 18 BURLEY ROAD?

18 BURLEY ROAD is 120m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 40% of detached houses in Langham, based on EPC data. The below chart shows the distribution of detached houses by size in Langham, and where 18 BURLEY ROAD lies on this distribution: 31% of detached houses are smaller than 18 BURLEY ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Langham.

18 BURLEY ROAD: Plot and Title Map

18 BURLEY ROAD sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 18 BURLEY 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 18 BURLEY 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 18 BURLEY ROAD?

18 BURLEY ROAD is located in LANGHAM, in the LE15 postcode district. The below map shows the position of No. 18 on BURLEY ROAD.