LANTERN COTTAGE, TOP STREET, WING, OAKHAM, LE15 8SE - £600,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

LANTERN COTTAGE is a small detached house of 127m², built sometime between 1991 and 1995. It was last sold for £600,000 in October 2020, which was around 32% above the average October 2020 detached price in the Rutland local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

LANTERN COTTAGE Sold Prices

Land registry data shows three sales for LANTERN COTTAGE 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 LANTERN COTTAGE 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
2020 2 OCT	£600,000	£456,028	32% above HPI
2012 29 MAY	£435,000	£294,670	48% above HPI
2001 4 SEP	£275,000	£163,823	68% above HPI

LANTERN COTTAGE 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 LANTERN COTTAGE sales between September 2001 and October 2020 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 May 2012 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the October 2020 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is LANTERN COTTAGE?

LANTERN COTTAGE is 127m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses in Wing, based on EPC data. The below chart shows the distribution of detached houses by size in Wing, and where LANTERN COTTAGE lies on this distribution: 20% of detached houses are smaller than LANTERN COTTAGE, and 80% of houses are larger. Note that EPC data is not available for all properties in Wing.

LANTERN COTTAGE: Plot and Title Map

LANTERN COTTAGE sits on a plot of roughly 0.181 of an acre, or 734m². The below map shows the location of LANTERN COTTAGE, 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 LANTERN COTTAGE). 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 LANTERN COTTAGE?

LANTERN COTTAGE is located on TOP STREET in WING, in the LE15 postcode district. The below map shows the position of LANTERN COTTAGE on TOP STREET.