Housing Market Analysis for WHEEL LANE, LE15 8ER

Are you looking to understand LE15 8ER house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Rutland postcode.

For the location information and nearby amenities in the LE15 8ER area, explore the LE15 8ER Area information page.
For comprehensive crime statistics in the LE15 8ER area, explore the LE15 8ER Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE15 8ER postcode area, The average prices are as follows,

  • Detached
    • The average price is around £274,144 median price is £293,600 Standard Deviation is £136,168 with Total Sold: 8
    • The Last 5 Year average price is £435,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 WHEEL LANE: £435,000 (Sold on 24 May 2022)
    • The first recorded sale happened at this postcode is 8 WHEEL LANE: £72,000 (Sold on 18 Dec 1996)
  • Semi-Detached
    • The average price is around £294,750 median price is £294,750 Standard Deviation is £182,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 WHEEL LANE: £477,500 (Sold on 10 Dec 2019)
    • The first recorded sale happened at this postcode is 4 WHEEL LANE: £112,000 (Sold on 29 May 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average LE15 8ER house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£435,000 £10,610 1
2019£430,000 £7,360 1
2017£335,000 £6,072 1
2012£323,600 £4,893 2
2002£158,000 £2,705 1
1999£115,950 £1,985 1
1996£72,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£477,500 £3,363 1
1998£112,000 £789 1

All the Sales in the WHEEL LANE, LE15 8ER

See the table below for more details on the sold house prices in the LE15 8ER, Rutland postcode.

AddressSold DatePrice% Change
7 WHEEL LANEDetached, FreeholdArea: 41 Sq.mtrAge: before 190024 May 2022£435,000First Sale
4 WHEEL LANESemi-Detached, FreeholdArea: 142 Sq.mtrAge: before 190010 Dec 2019£477,500326.34%
29 May 1998£112,000First Sale
11 WHEEL LANEDetached, FreeholdArea: 58.42 Sq.mtrAge: 1996-200217 Jun 2019£430,00070.50%
09 Mar 2012£252,20059.62%
24 May 2002£158,00036.27%
15 Dec 1999£115,950First Sale
10 WHEEL LANEDetached, FreeholdArea: 55.17 Sq.mtrAge: before 190020 Dec 2017£335,000First Sale
ROWAN HOUSE WHEEL LANEDetached, FreeholdArea: 72.22 Sq.mtrAge: 1996-200229 Aug 2012£395,000First Sale
8 WHEEL LANEDetached, Freehold18 Dec 1996£72,000First Sale

Check out the sold house prices near the LE15 8ER postcode. Properties currently for saleProperties currently for rent

WHEEL LANE, LE15 8ER Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE15 8ER postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the LE15 8ER postcode.

  • Detached
    • The average price is around £431,688 median price is £386,000 Standard Deviation is £283,120 with Total Sold: 199
    • The Last 5 Year average price is £604,875 with Total Sold: 24
    • The most recent sale happened at this postcode is , 1 TIPPINGS LANE: £710,000 (Sold on 16 Apr 2024)
    • The first recorded sale happened at this postcode is , 16 MAIN STREET: £80,000 (Sold on 28 Mar 1995)
  • Semi-Detached
    • The average price is around £331,188 median price is £287,500 Standard Deviation is £203,589 with Total Sold: 29
    • The Last 5 Year average price is £738,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 20 CHAPEL LANE: £747,500 (Sold on 07 Oct 2022)
    • The first recorded sale happened at this postcode is , 9 TIPPINGS LANE: £65,000 (Sold on 26 May 1995)
  • Terraced
    • The average price is around £257,388 median price is £286,250 Standard Deviation is £105,497 with Total Sold: 12
    • The Last 5 Year average price is £397,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 11 TIPPINGS LANE: £420,000 (Sold on 28 Jul 2022)
    • The first recorded sale happened at this postcode is , 5 MILL LANE: £57,000 (Sold on 28 Nov 1995)
  • Flat
    • The average price is around £86,625 median price is £86,625 Standard Deviation is £16,875 with Total Sold: 2
    • The most recent sale happened at this postcode is , 2 DRIFT CLOSE: £103,500 (Sold on 27 Apr 2018)
    • The first recorded sale happened at this postcode is , 2 DRIFT CLOSE: £69,750 (Sold on 19 Jan 2009)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£710,0001
2023£760,714 £3,371 7
2022£563,143 £5,127 7
2021£517,857 £3,941 7
2020£457,500 £3,293 2
2019£675,167 £4,653 6
2018£545,000 £3,175 5
2017£487,857 £3,890 7
2016£555,850 £3,145 7
2015£398,812 £2,184 8
2014£676,714 £4,537 14
2013£382,143 £2,715 7
2012£353,038 £3,779 4
2011£546,500 £3,266 6
2010£436,071 £2,722 7
2009£470,275 £2,290 8
2008£543,750 £3,535 6
2007£593,500 £3,250 8
2006£415,283 £3,930 17
2005£373,3333
2004£437,594 £2,154 8
2003£410,650 £1,736 10
2002£211,250 £1,904 6
2001£201,429 £1,435 7
2000£139,9501
1999£155,317 £1,690 3
1998£143,500 £929 5
1997£129,938 £808 8
1996£113,478 £773 9
1995£120,460 £810 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£747,5001
2021£766,5001
2020£700,0001
2019£399,167 £3,232 3
2018£675,000 £2,755 1
2016£220,000 £3,342 1
2015£456,250 £3,228 2
2012£375,0001
2011£283,750 £3,168 2
2010£267,500 £1,646 2
2008£367,5001
2007£410,000 £2,908 1
2006£237,500 £2,261 2
2004£266,250 £2,496 2
2002£213,500 £2,073 2
2000£141,9501
1999£70,000 £657 1
1998£150,000 £778 2
1996£119,000 £844 1
1995£65,000 £886 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£420,000 £3,784 1
2020£375,000 £4,360 1
2019£291,500 £3,160 2
2015£305,000 £2,383 1
2012£245,575 £3,204 2
2008£298,000 £3,465 1
2004£297,5001
2003£210,0001
1997£52,000 £605 1
1995£57,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£103,500 £1,344 1
2009£69,750 £906 1

House Type in LE15 8ER area

The most common house types in the LE15 8ER postcode area are Detached (151), Semi-detached (49), and Terraced (17).

Total217
Detached151
Semi-detached49
Terraced17
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (125), and Owned: Owns with a mortgage or loan (55).

Owned: Owns outright125
Owned: Owns with a mortgage or loan55
Private rented: Private landlord or letting agency15
Social rented: Other social rented9
Private rented: Other private rented6
Shared ownership: Shared ownership4
Social rented: Rents from council or Local Authority3
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LE15 8ER have 2 people in household (107), and 1 person in household (53).

2 people in household107
1 person in household53
3 people in household28
4 people in household26
5 people in household4
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0