3A, GREAT LANE, GREETHAM, OAKHAM, LE15 7NG - £430,000

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

3A GREAT LANE is a large detached house of 195m², built sometime between 1996 and 2002. It was last sold for £430,000 in September 2020, which was around 7% below the average September 2020 detached price in the Rutland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

3A GREAT LANE Sold Prices

Land registry data shows two sales for 3A GREAT 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 3A GREAT LANE 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
2020 24 SEP	£430,000	£460,254	7% below HPI
2005 11 JAN	£107,550	£276,845	61% below HPI

3A GREAT 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 3A GREAT LANE sales from January 2005 and September 2020 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 January 2005 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the September 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 3A GREAT LANE?

3A GREAT LANE is 195m² according to the EPC inspection conducted in July 2016. This puts it in the largest 30% of detached houses in Greetham, based on EPC data. The below chart shows the distribution of detached houses by size in Greetham, and where 3A GREAT LANE lies on this distribution: 69% of detached houses are smaller than 3A GREAT LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Greetham.

3A GREAT LANE: Plot and Title Map

3A GREAT LANE sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of 3A GREAT 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 3A GREAT 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 3A GREAT LANE?

3A GREAT LANE is located in GREETHAM, in the LE15 postcode district. The below map shows the position of No. 3A on GREAT LANE.