41, RUDDLE WAY, LANGHAM, OAKHAM, LE15 7NZ - £250,000

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

41 RUDDLE WAY is a very small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £250,000 in March 2024, which was around 49% below the average March 2024 detached price in the Rutland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

41 RUDDLE WAY Sold Prices

Land registry data shows three sales for 41 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 41 RUDDLE WAY sales were for below 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
2024 5 MAR	£250,000	£491,755	49% below HPI
2006 21 JUL	£199,500	£275,307	28% below HPI
2002 21 JUN	£139,950	£189,413	26% below HPI

41 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 41 RUDDLE WAY sales between June 2002 and March 2024 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 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2024 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 41 RUDDLE WAY?

41 RUDDLE WAY is 103m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses in Langham, based on EPC data. The below chart shows the distribution of detached houses by size in Langham, and where 41 RUDDLE WAY lies on this distribution: 19% of detached houses are smaller than 41 RUDDLE WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Langham.

41 RUDDLE WAY: Plot and Title Map

41 RUDDLE WAY sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 41 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 41 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 41 RUDDLE WAY?

41 RUDDLE WAY is located in LANGHAM, in the LE15 postcode district. The below map shows the position of No. 41 on RUDDLE WAY.