4, CUTTING LANE, SOUTH LUFFENHAM, OAKHAM, LE15 8NJ - £550,000

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

4 CUTTING LANE is a midsized extended detached house of 199m², built sometime between 1976 and 1982, which could now be worth an estimated £792,461. It was last sold for £550,000 in February 2017, which was around 59% above the average February 2017 detached price in the Rutland local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

4 CUTTING LANE Sold Prices

Land registry data shows three sales for 4 CUTTING 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 4 CUTTING 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
2017 28 FEB	£550,000	£345,437	59% above HPI
2011 8 JUL	£443,000	£283,074	56% above HPI
1997 6 JUN	£129,500	£97,786	32% above HPI

4 CUTTING 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 4 CUTTING LANE sales between June 1997 and February 2017 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 July 2011 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the February 2017 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 4 CUTTING LANE be worth now?

4 CUTTING LANE might now be worth an estimated £792,461.

This is based on house price inflation of 44.1%, between February 2017 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 44.1% inflationary increase is applied to the most recent sale price for 4 CUTTING LANE of £550,000 on 28th February 2017. For the value to have increased from £550,000 to £792,461 over the six years and two months to December 2024, the following assumptions must hold true:

• The value of 4 CUTTING LANE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The February 2017 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CUTTING LANE has not materially changed since February 2017.

How Large is 4 CUTTING LANE?

4 CUTTING LANE is 199m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 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 4 CUTTING LANE lies on this distribution: 57% of detached houses houses are smaller than 4 CUTTING LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in South Luffenham.

4 CUTTING LANE: Plot and Title Map

4 CUTTING LANE sits on a plot of roughly 0.203 of an acre, or 823m². The below map shows the location of 4 CUTTING 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 4 CUTTING 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 4 CUTTING LANE?

4 CUTTING LANE is located in SOUTH LUFFENHAM, in the LE15 postcode district. The below map shows the position of No. 4 on CUTTING LANE.