9, CUTTING LANE, SOUTH LUFFENHAM, OAKHAM, LE15 8NJ - £372,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 CUTTING LANE is a very small extended detached house of 111m², built sometime between 1976 and 1982, which could now be worth an estimated £442,313. It was last sold for £372,500 in March 2021, which was around 11% below the average March 2021 detached price in the Rutland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

9 CUTTING LANE Sold Prices

Land registry data shows three sales for 9 CUTTING 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 9 CUTTING LANE sales were 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
2021 5 MAR	£372,500	£419,161	11% below HPI
2003 27 OCT	£199,950	£229,454	13% below HPI
1997 30 JUN	£94,000	£97,786	4% below HPI

9 CUTTING 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 9 CUTTING LANE sales between June 1997 and March 2021 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 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 9 CUTTING LANE be worth now?

9 CUTTING LANE might now be worth an estimated £442,313.

This is based on house price inflation of 18.7%, between March 2021 and December 2024, 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 18.7% inflationary increase is applied to the most recent sale price for 9 CUTTING LANE of £372,500 on 5th March 2021. For the value to have increased from £372,500 to £442,313 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 9 CUTTING LANE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The March 2021 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 9 CUTTING LANE has not materially changed since March 2021.

How Large is 9 CUTTING LANE?

9 CUTTING LANE is 111m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses houses in South Luffenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Luffenham, and where 9 CUTTING LANE lies on this distribution: 12% of detached houses houses are smaller than 9 CUTTING LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in South Luffenham.

9 CUTTING LANE: Plot and Title Map

9 CUTTING LANE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 9 CUTTING 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 9 CUTTING 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 9 CUTTING LANE?

9 CUTTING LANE is located in SOUTH LUFFENHAM, in the LE15 postcode district. The below map shows the position of No. 9 on CUTTING LANE.