46, WELL STREET, LANGHAM, OAKHAM, LE15 7JS - £290,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

46 WELL STREET is a very small extended detached house of 92m², built sometime between 1950 and 1966. It was last sold for £290,000 in October 2019, which was around 32% below the average October 2019 detached price in the Rutland local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

46 WELL STREET Sold Prices

Land registry data shows five sales for 46 WELL STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the five 46 WELL STREET 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
2019 31 OCT	£290,000	£426,391	32% below HPI
2019 23 JUL	£285,000	£411,995	31% below HPI
2005 31 OCT	£215,000	£276,168	22% below HPI
2002 25 OCT	£157,000	£202,409	22% below HPI
1997 24 NOV	£95,000	£114,224	17% below HPI

46 WELL STREET 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 five 46 WELL STREET sales between November 1997 and October 2019 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 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 46 WELL STREET?

46 WELL STREET is 92m², which includes one extension, according to the EPC inspection conducted in April 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 46 WELL STREET lies on this distribution: 12% of detached houses are smaller than 46 WELL STREET, and 88% of houses are larger. Note that EPC data is not available for all properties in Langham.

46 WELL STREET: Plot and Title Map

46 WELL STREET sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 46 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 46 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 46 WELL STREET?

46 WELL STREET is located in LANGHAM, in the LE15 postcode district. The below map shows the position of No. 46 on WELL STREET.