26, WELL STREET, LANGHAM, OAKHAM, LE15 7JS - £395,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

26 WELL STREET is a very small terraced house of 52m², built sometime before 1900, which could now be worth an estimated £462,315. It was last sold for £395,000 in August 2020, which was around 80% above the average August 2020 terraced price in the Rutland local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

26 WELL STREET Sold Prices

Land registry data shows three sales for 26 WELL STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Rutland local authority area for the corresponding sale date. All of the three 26 WELL STREET 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 18 AUG	£395,000	£218,979	80% above HPI
2012 27 APR	£300,000	£147,232	104% above HPI
2003 27 OCT	£192,500	£115,731	66% above HPI

26 WELL STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Rutland local authority area over time, sourced from the HPI. The three 26 WELL STREET sales between October 2003 and August 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 April 2012 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the August 2020 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 26 WELL STREET be worth now?

26 WELL STREET might now be worth an estimated £462,315.

This is based on house price inflation of 17%, between August 2020 and June 2025, for terraced 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 17% inflationary increase is applied to the most recent sale price for 26 WELL STREET of £395,000 on 18th August 2020. For the value to have increased from £395,000 to £462,315 over the five years and two months to June 2025, the following assumptions must hold true:

• The value of 26 WELL STREET has moved in line with the HPI for terraced houses in the Rutland local authority area.
• The August 2020 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 26 WELL STREET has not materially changed since August 2020.

How Large is 26 WELL STREET?

26 WELL STREET is 52m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of terraced houses houses in Langham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Langham, and where 26 WELL STREET lies on this distribution: 1% of terraced houses houses are smaller than 26 WELL STREET, and 99% of houses are larger. Note that EPC data is not available for all properties in Langham.

26 WELL STREET: Plot and Title Map

26 WELL STREET sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 26 WELL STREET, 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 26 WELL STREET). 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 26 WELL STREET?

26 WELL STREET is located in LANGHAM, in the LE15 postcode district. The below map shows the position of No. 26 on WELL STREET.