57A, MANOR LANE, LANGHAM, OAKHAM, LE15 7JL - £455,000

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.

57A MANOR LANE is a small extended detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £541,746. It was last sold for £455,000 in December 2020, which was around 11% above the average December 2020 detached price in the Rutland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

57A MANOR LANE Sold Prices

Land registry data shows three sales for 57A MANOR LANE 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. Two of the three 57A MANOR LANE sales were for above the average price, whilst one was 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
2020 8 DEC	£455,000	£408,611	11% above HPI
2017 30 NOV	£360,000	£373,309	4% below HPI
2004 30 JUL	£340,000	£254,631	34% above HPI

57A MANOR LANE 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 57A MANOR LANE sales between July 2004 and December 2020 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 November 2017 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2020 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 57A MANOR LANE be worth now?

57A MANOR LANE might now be worth an estimated £541,746.

This is based on house price inflation of 19.1%, between December 2020 and February 2025, for 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 19.1% inflationary increase is applied to the most recent sale price for 57A MANOR LANE of £455,000 on 8th December 2020. For the value to have increased from £455,000 to £541,746 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 57A MANOR LANE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The December 2020 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 57A MANOR LANE has not materially changed since December 2020.

How Large is 57A MANOR LANE?

57A MANOR LANE is 124m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses houses in Langham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langham, and where 57A MANOR LANE lies on this distribution: 34% of detached houses houses are smaller than 57A MANOR LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Langham.

57A MANOR LANE: Plot and Title Map

57A MANOR LANE sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of 57A MANOR LANE, 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 57A MANOR LANE). 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 57A MANOR LANE?

57A MANOR LANE is located in LANGHAM, in the LE15 postcode district. The below map shows the position of No. 57A on MANOR LANE.