50, WELL STREET, LANGHAM, OAKHAM, LE15 7JS - £825,000

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

50 WELL STREET is a very large extended detached house of 405m², built sometime before 1900. It was last sold for £825,000 in October 2012, which was around 173% above the average October 2012 detached price in the Rutland local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

50 WELL STREET Sold Prices

Land registry data shows two sales for 50 WELL STREET 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 50 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
2012 31 OCT	£825,000	£301,905	173% above HPI
2004 8 SEP	£441,000	£267,678	65% above HPI

50 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 two 50 WELL STREET sales from September 2004 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 September 2004 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the October 2012 sale, where it rises to 173% above the HPI. The line then continues to track at 173% above the HPI.

How Large is 50 WELL STREET?

50 WELL STREET is 405m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 10% of detached houses in Langham, based on EPC data. The below chart shows the distribution of detached houses by size in Langham, and where 50 WELL STREET lies on this distribution: 99% of detached houses are smaller than 50 WELL STREET, and 1% of houses are larger. Note that EPC data is not available for all properties in Langham.

50 WELL STREET: Plot and Title Map

50 WELL STREET sits on a plot of roughly 0.528 of an acre, or 2,136m². The below map shows the location of 50 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 50 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 50 WELL STREET?

50 WELL STREET is located in LANGHAM, in the LE15 postcode district. The below map shows the position of No. 50 on WELL STREET.