33, WELL STREET, LANGHAM, OAKHAM, LE15 7JS - £347,400

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.

33 WELL STREET is a small extended detached house of 109m², built sometime before 1900, which could now be worth an estimated £410,994. It was last sold for £347,400 in February 2021, which was around 15% below the average February 2021 detached price in the Rutland local authority area. The most recent EPC inspection was March 2017, where the current energy rating was F, and the potential energy rating was B.

33 WELL STREET Sold Prices

Land registry data shows two sales for 33 WELL STREET 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. One of the two 33 WELL STREET sales was for below the average price, whilst the other was 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
2021 19 FEB	£347,400	£409,964	15% below HPI
1997 30 JUN	£114,000	£97,786	17% above HPI

33 WELL STREET 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 33 WELL STREET sales from June 1997 and February 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 June 1997 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 33 WELL STREET be worth now?

33 WELL STREET might now be worth an estimated £410,994.

This is based on house price inflation of 18.3%, between February 2021 and June 2025, 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 18.3% inflationary increase is applied to the most recent sale price for 33 WELL STREET of £347,400 on 19th February 2021. For the value to have increased from £347,400 to £410,994 over the three years and eight months to June 2025, the following assumptions must hold true:

• The value of 33 WELL STREET has moved in line with the HPI for detached houses in the Rutland local authority area.
• The February 2021 sale price of £347,400 represented a fair market value for the property.
• The size, condition, and specification of 33 WELL STREET has not materially changed since February 2021.

How Large is 33 WELL STREET?

33 WELL STREET is 109m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses houses in Langham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langham, and where 33 WELL STREET lies on this distribution: 24% of detached houses houses are smaller than 33 WELL STREET, and 74% of houses are larger. Note that EPC data is not available for all properties in Langham.

33 WELL STREET: Plot and Title Map

33 WELL STREET sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 33 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 33 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 33 WELL STREET?

33 WELL STREET is located in LANGHAM, in the LE15 postcode district. The below map shows the position of No. 33 on WELL STREET.