27, BACK LANE, SOUTH LUFFENHAM, OAKHAM, LE15 8NQ - £305,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

27 BACK LANE is a midsized detached house of 156m², built sometime before 1900. It was last sold for £305,000 in January 2001, which was around 87% above the average January 2001 detached price in the Rutland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.

27 BACK LANE Sold Prices

Land registry data shows two sales for 27 BACK LANE 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 27 BACK LANE 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
2001 5 JAN	£305,000	£162,821	87% above HPI
1998 5 JUN	£225,000	£121,399	85% above HPI

27 BACK 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 two 27 BACK LANE sales from June 1998 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 June 1998 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the January 2001 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is 27 BACK LANE?

27 BACK LANE is 156m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% of detached houses in South Luffenham, based on EPC data. The below chart shows the distribution of detached houses by size in South Luffenham, and where 27 BACK LANE lies on this distribution: 43% of detached houses are smaller than 27 BACK LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in South Luffenham.

27 BACK LANE: Plot and Title Map

27 BACK LANE sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 27 BACK 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 27 BACK 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 27 BACK LANE?

27 BACK LANE is located in SOUTH LUFFENHAM, in the LE15 postcode district. The below map shows the position of No. 27 on BACK LANE.