59, MANOR LANE, LANGHAM, OAKHAM, LE15 7JL - £445,000

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

59 MANOR LANE is a midsized extended detached house of 141m², built sometime between 1967 and 1975. It was last sold for £445,000 in May 2018, which was around 9% above the average May 2018 detached price in the Rutland local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

59 MANOR LANE Sold Prices

Land registry data shows two sales for 59 MANOR LANE 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. One of the two 59 MANOR LANE sales was for above the average price, whilst the other 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
2018 22 MAY	£445,000	£407,967	9% above HPI
2015 12 OCT	£215,500	£344,541	37% below HPI

59 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 two 59 MANOR LANE sales from October 2015 and May 2018 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 October 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2018 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 59 MANOR LANE?

59 MANOR LANE is 141m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the smallest 50% of detached houses in Langham, based on EPC data. The below chart shows the distribution of detached houses by size in Langham, and where 59 MANOR LANE lies on this distribution: 48% of detached houses are smaller than 59 MANOR LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Langham.

59 MANOR LANE: Plot and Title Map

59 MANOR LANE sits on a plot of roughly 0.172 of an acre, or 698m². The below map shows the location of 59 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 59 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 59 MANOR LANE?

59 MANOR LANE is located in LANGHAM, in the LE15 postcode district. The below map shows the position of No. 59 on MANOR LANE.