3A, REEVES LANE, WING, OAKHAM, LE15 8SD - £555,000

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

3A REEVES LANE is a large detached house of 251m², built sometime between 1991 and 1995. It was last sold for £555,000 in December 2014, which was around 68% above the average December 2014 detached price in the Rutland local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

3A REEVES LANE Sold Prices

Land registry data shows three sales for 3A REEVES LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the three 3A REEVES 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
2014 16 DEC	£555,000	£329,418	68% above HPI
2004 7 MAY	£390,000	£248,263	57% above HPI
2001 18 APR	£320,000	£150,223	113% above HPI

3A REEVES 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 three 3A REEVES LANE sales between April 2001 and December 2014 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 May 2004 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the December 2014 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 3A REEVES LANE?

3A REEVES LANE is 251m² according to the EPC inspection conducted in September 2014. This puts it in the largest 30% of detached houses in Wing, based on EPC data. The below chart shows the distribution of detached houses by size in Wing, and where 3A REEVES LANE lies on this distribution: 77% of detached houses are smaller than 3A REEVES LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Wing.

3A REEVES LANE: Plot and Title Map

3A REEVES LANE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 3A REEVES 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 REEVES 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 REEVES LANE?

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