2, HAREWOOD CLOSE, LANGHAM, OAKHAM, LE15 7JZ - £113,000

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

2 HAREWOOD CLOSE is a small extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £113,000 in January 2001, which was around 31% below the average January 2001 detached price in the Rutland local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

2 HAREWOOD CLOSE Sold Prices

Land registry data shows two sales for 2 HAREWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. Both of the two 2 HAREWOOD CLOSE 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
2001 25 JAN	£113,000	£162,821	31% below HPI
1995 7 APR	£65,000	£93,068	30% below HPI

2 HAREWOOD CLOSE 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 two 2 HAREWOOD CLOSE sales from April 1995 and January 2001 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 1995 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2001 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 HAREWOOD CLOSE?

2 HAREWOOD CLOSE is 125m², which includes three extensions, according to the EPC inspection conducted in April 2024. 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 2 HAREWOOD CLOSE lies on this distribution: 37% of detached houses are smaller than 2 HAREWOOD CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Langham.

2 HAREWOOD CLOSE: Plot and Title Map

2 HAREWOOD CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 2 HAREWOOD CLOSE, 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 2 HAREWOOD CLOSE). 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 2 HAREWOOD CLOSE?

2 HAREWOOD CLOSE is located in LANGHAM, in the LE15 postcode district. The below map shows the position of No. 2 on HAREWOOD CLOSE.