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

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

3A REEVES LANE is a large detached house of 251m², built sometime between 1991 and 1995, which could now be worth an estimated £885,093. It was last sold for £555,000 in December 2014, which was around 78% 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	£312,096	78% above HPI
2004 7 MAY	£390,000	£235,208	66% above HPI
2001 18 APR	£320,000	£142,324	125% 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 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the December 2014 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might 3A REEVES LANE be worth now?

3A REEVES LANE might now be worth an estimated £885,093.

This is based on house price inflation of 59.5%, between December 2014 and December 2024, 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 59.5% inflationary increase is applied to the most recent sale price for 3A REEVES LANE of £555,000 on 16th December 2014. For the value to have increased from £555,000 to £885,093 over the ten years to December 2024, the following assumptions must hold true:

• The value of 3A REEVES LANE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The December 2014 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of 3A REEVES LANE has not materially changed since December 2014.

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 houses in Wing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wing, and where 3A REEVES LANE lies on this distribution: 77% of detached houses 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.