2, ORCHARD ROAD, LANGHAM, OAKHAM, LE15 7JP - £285,000

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 ORCHARD ROAD is a very small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £285,000 in November 2018, which was around 31% below the average November 2018 detached price in the Rutland local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

2 ORCHARD ROAD Sold Prices

Land registry data shows two sales for 2 ORCHARD ROAD 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 ORCHARD 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
2018 30 NOV	£285,000	£411,283	31% below HPI
2017 23 AUG	£210,000	£382,493	45% below HPI

2 ORCHARD 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 two 2 ORCHARD ROAD sales from August 2017 and November 2018 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 2017 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2018 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 ORCHARD ROAD?

2 ORCHARD ROAD is 89m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 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 2 ORCHARD ROAD lies on this distribution: 9% of detached houses are smaller than 2 ORCHARD ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Langham.

2 ORCHARD ROAD: Plot and Title Map

2 ORCHARD ROAD sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 2 ORCHARD 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 2 ORCHARD 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 2 ORCHARD ROAD?

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