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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

27 BACK LANE is a midsized detached house of 156m², built sometime before 1900, which could now be worth an estimated £961,924. It was last sold for £305,000 in January 2001, which was around 98% 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	£154,260	98% above HPI
1998 5 JUN	£225,000	£115,015	96% 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 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the January 2001 sale, where it rises to 98% above the HPI. The line then continues to track at 98% above the HPI.

What might 27 BACK LANE be worth now?

27 BACK LANE might now be worth an estimated £961,924.

This is based on house price inflation of 215.4%, between January 2001 and February 2025, for detached houses, in the Rutland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 215.4% inflationary increase is applied to the most recent sale price for 27 BACK LANE of £305,000 on 5th January 2001. For the value to have increased from £305,000 to £961,924 over the 23 years and eleven months to February 2025, the following assumptions must hold true:

• The value of 27 BACK LANE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The January 2001 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 27 BACK LANE has not materially changed since January 2001.

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 houses in South Luffenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Luffenham, and where 27 BACK LANE lies on this distribution: 43% of detached houses 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.