9, ORCHARD ROAD, LANGHAM, OAKHAM, LE15 7JP - £400,000

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

9 ORCHARD ROAD is a very small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £400,000 in June 2021, which was around 13% below the average June 2021 detached price in the Rutland local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

9 ORCHARD ROAD Sold Prices

Land registry data shows two sales for 9 ORCHARD 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. Both of the two 9 ORCHARD ROAD 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 11 JUN	£400,000	£457,665	13% below HPI
2011 5 JUL	£180,000	£298,785	40% below HPI

9 ORCHARD 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 9 ORCHARD ROAD sales from July 2011 and June 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 July 2011 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 9 ORCHARD ROAD?

9 ORCHARD ROAD is 92m², which includes one extension, according to the EPC inspection conducted in February 2011. 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 9 ORCHARD ROAD lies on this distribution: 11% of detached houses are smaller than 9 ORCHARD ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Langham.

9 ORCHARD ROAD: Plot and Title Map

9 ORCHARD ROAD sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 9 ORCHARD 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 9 ORCHARD 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 9 ORCHARD ROAD?

9 ORCHARD ROAD is located in LANGHAM, in the LE15 postcode district. The below map shows the position of No. 9 on ORCHARD ROAD.