8, RANKSBOROUGH DRIVE, LANGHAM, OAKHAM, LE15 7JR - £587,500

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

8 RANKSBOROUGH DRIVE is a very large extended detached house of 209m², built sometime between 1950 and 1966. It was last sold for £587,500 in December 2018, which was around 46% above the average December 2018 detached price in the Rutland local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

8 RANKSBOROUGH DRIVE Sold Prices

Land registry data shows two sales for 8 RANKSBOROUGH DRIVE 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 8 RANKSBOROUGH DRIVE 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
2018 14 DEC	£587,500	£402,738	46% above HPI
2000 15 AUG	£225,000	£153,133	47% above HPI

8 RANKSBOROUGH DRIVE 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 8 RANKSBOROUGH DRIVE sales from August 2000 and December 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 August 2000 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the December 2018 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 8 RANKSBOROUGH DRIVE?

8 RANKSBOROUGH DRIVE is 209m², which includes four extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 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 8 RANKSBOROUGH DRIVE lies on this distribution: 87% of detached houses are smaller than 8 RANKSBOROUGH DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Langham.

8 RANKSBOROUGH DRIVE: Plot and Title Map

8 RANKSBOROUGH DRIVE sits on a plot of roughly 0.314 of an acre, or 1,270m². The below map shows the location of 8 RANKSBOROUGH DRIVE, 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 8 RANKSBOROUGH DRIVE). 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 8 RANKSBOROUGH DRIVE?

8 RANKSBOROUGH DRIVE is located in LANGHAM, in the LE15 postcode district. The below map shows the position of No. 8 on RANKSBOROUGH DRIVE.