7, MANOR LANE, LANGHAM, OAKHAM, LE15 7JL - £580,000

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

7 MANOR LANE is a very large extended detached house of 260m², built sometime between 1967 and 1975. It was last sold for £580,000 in October 2022, which was around 18% above the average October 2022 detached price in the Rutland local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

7 MANOR LANE Sold Prices

Land registry data shows three sales for 7 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. All of the three 7 MANOR LANE 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
2022 7 OCT	£580,000	£492,571	18% above HPI
2002 26 APR	£225,000	£169,505	33% above HPI
2000 10 JUL	£192,000	£146,545	31% above HPI

7 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 7 MANOR LANE sales between July 2000 and October 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 2002 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the October 2022 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 7 MANOR LANE?

7 MANOR LANE is 260m², which includes three extensions, according to the EPC inspection conducted in April 2022. 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 7 MANOR LANE lies on this distribution: 96% of detached houses are smaller than 7 MANOR LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Langham.

7 MANOR LANE: Plot and Title Map

7 MANOR LANE sits on a plot of roughly 0.237 of an acre, or 960m². The below map shows the location of 7 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 7 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 7 MANOR LANE?

7 MANOR LANE is located in LANGHAM, in the LE15 postcode district. The below map shows the position of No. 7 on MANOR LANE.