4, THE SQUARE, SOUTH LUFFENHAM, OAKHAM, LE15 8NS - £1,657,500

4 THE SQUARE is a very large detached house of 390m², built sometime before 1900. It was last sold for £1,657,500 in September 2021, which was around 270% above the average September 2021 detached price in the Rutland local authority area. The most recent EPC inspection was September 2009, where the current energy rating was F, and the potential energy rating was F.

4 THE SQUARE Sold Prices

Land registry data shows two sales for 4 THE SQUARE 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 4 THE SQUARE 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
2021 30 SEP	£1,657,500	£448,213	270% above HPI
2010 29 JUL	£750,000	£291,480	157% above HPI

4 THE SQUARE 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 4 THE SQUARE sales from July 2010 and September 2021 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 2010 sale was for 157% above the HPI. So the extrapolation line tracks at 157% above the HPI over time, until the September 2021 sale, where it rises to 270% above the HPI. The line then continues to track at 270% above the HPI.

How Large is 4 THE SQUARE?

4 THE SQUARE is 390m² according to the EPC inspection conducted in September 2009. This puts it in the largest 10% of detached houses in South Luffenham, based on EPC data. The below chart shows the distribution of detached houses by size in South Luffenham, and where 4 THE SQUARE lies on this distribution: 98% of detached houses are smaller than 4 THE SQUARE, and 2% of houses are larger. Note that EPC data is not available for all properties in South Luffenham.

4 THE SQUARE: Plot and Title Map

4 THE SQUARE sits on a plot of roughly 1.1 acres, or 4,519m². The below map shows the location of 4 THE SQUARE, 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 THE SQUARE). 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 THE SQUARE?

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