4, WELL STREET, LANGHAM, OAKHAM, LE15 7JS - £352,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 WELL STREET is a midsized extended semi-detached house of 151m², built sometime before 1900, which could now be worth an estimated £581,106. It was last sold for £352,000 in October 2014, which was around 84% above the average October 2014 semi-detached price in the Rutland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

4 WELL STREET Sold Prices

Land registry data shows two sales for 4 WELL STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rutland local authority area for the corresponding sale date. Both of the two 4 WELL STREET 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 23 OCT	£352,000	£191,104	84% above HPI
2012 15 AUG	£170,000	£167,133	2% above HPI

4 WELL STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rutland local authority area over time, sourced from the HPI. The two 4 WELL STREET sales from August 2012 and October 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 August 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2014 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

What might 4 WELL STREET be worth now?

4 WELL STREET might now be worth an estimated £581,106.

This is based on house price inflation of 65.1%, between October 2014 and February 2025, for semi-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 65.1% inflationary increase is applied to the most recent sale price for 4 WELL STREET of £352,000 on 23rd October 2014. For the value to have increased from £352,000 to £581,106 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 WELL STREET has moved in line with the HPI for semi-detached houses in the Rutland local authority area.
• The October 2014 sale price of £352,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WELL STREET has not materially changed since October 2014.

How Large is 4 WELL STREET?

4 WELL STREET is 151m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 50% of semi-detached houses houses in Langham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Langham, and where 4 WELL STREET lies on this distribution: 53% of semi-detached houses houses are smaller than 4 WELL STREET, and 46% of houses are larger. Note that EPC data is not available for all properties in Langham.

4 WELL STREET: Plot and Title Map

4 WELL STREET sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 4 WELL STREET, 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 WELL STREET). 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 WELL STREET?

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