62, BURLEY ROAD, LANGHAM, OAKHAM, LE15 7HY - £540,000

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

62 BURLEY ROAD is a very small extended detached house of 97m², built sometime between 1983 and 1990. It was last sold for £540,000 in July 2022, which was around 8% above the average July 2022 detached price in the Rutland local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

62 BURLEY ROAD Sold Prices

Land registry data shows two sales for 62 BURLEY ROAD 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 62 BURLEY ROAD 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
2022 29 JUL	£540,000	£498,734	8% above HPI
2021 23 APR	£265,000	£440,720	40% below HPI

62 BURLEY ROAD 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 62 BURLEY ROAD sales from April 2021 and July 2022 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 April 2021 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 62 BURLEY ROAD?

62 BURLEY ROAD is 97m², which includes one extension, according to the EPC inspection conducted in April 2022. 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 62 BURLEY ROAD lies on this distribution: 15% of detached houses are smaller than 62 BURLEY ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Langham.

62 BURLEY ROAD: Plot and Title Map

62 BURLEY ROAD sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 62 BURLEY ROAD, 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 62 BURLEY ROAD). 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 62 BURLEY ROAD?

62 BURLEY ROAD is located in LANGHAM, in the LE15 postcode district. The below map shows the position of No. 62 on BURLEY ROAD.