4, RUDDLE WAY, LANGHAM, OAKHAM, LE15 7NZ - £315,000

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

4 RUDDLE WAY is a midsized detached house of 140m², built sometime between 1996 and 2002. It was last sold for £315,000 in October 2012, which was around 4% above the average October 2012 detached price in the Rutland local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

4 RUDDLE WAY Sold Prices

Land registry data shows three sales for 4 RUDDLE WAY 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 RUDDLE WAY 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
2012 31 OCT	£315,000	£301,905	4% above HPI
2002 6 DEC	£245,000	£217,230	13% above HPI
2002 8 FEB	£221,950	£176,413	26% above HPI

4 RUDDLE WAY 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 RUDDLE WAY sales between February 2002 and October 2012 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 December 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2012 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 4 RUDDLE WAY?

4 RUDDLE WAY is 140m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 50% of detached houses in Langham, based on EPC data. The below chart shows the distribution of detached houses by size in Langham, and where 4 RUDDLE WAY lies on this distribution: 46% of detached houses are smaller than 4 RUDDLE WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Langham.

4 RUDDLE WAY: Plot and Title Map

4 RUDDLE WAY sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 4 RUDDLE WAY, 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 RUDDLE WAY). 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 RUDDLE WAY?

4 RUDDLE WAY is located in LANGHAM, in the LE15 postcode district. The below map shows the position of No. 4 on RUDDLE WAY.