Willoughby Drive - LE15 8PY
Key Postcode Insights
LE15 8PY is a residential postcode situated on Willoughby Drive, Empingham, Oakham, LE15 with 36 addresses.
It ranks as the 931st largest and 769th most expensive of the 1,030 postcodes in the LE15 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 36 properties: 36 houses.
- Ave. Sale Price
- £522,176
- 10 Year change
- up 36.2%
- Ave. Rental Price
- £1,453pcm
- 10 Year change
- up 54.7%
- Ave. £ per ft²
- £355/ft²
- Ave. Gross Yield
- 3.3%/year/yr
Key Postcode Insights
LE15 8PY is a residential postcode situated on Willoughby Drive, Empingham, Oakham, LE15 with 36 addresses.
It ranks as the 931st largest and 769th most expensive of the 1,030 postcodes in the LE15 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 36 properties: 36 houses.
- Ave. Sale Price
- £522,176
- 10 Year change
- up 36.2%
- Ave. Rental Price
- £1,453pcm
- 10 Year change
- up 54.7%
- Ave. £ per ft²
- £355/ft²
- Ave. Gross Yield
- 3.3%/year/yr
Explore Propertiesin LE15 8PY
- 1 Willoughby Drive
4 Bed Mid-century House
- 3 Willoughby Drive
Unknown
- 5 Willoughby Drive
Unknown
- 7 Willoughby Drive
3 Bed Modern House
- 9 Willoughby Drive
4 Bed Mid-century House
Sales Market Trends
The last sale in LE15 8PY sold for £545,000 on 1st October 2024. Since then prices are down an average of 2.8%.
The current average value in the postcode is £522,176.
The LE15 8PY Sales Market has increased by 36.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £522,176 |
| June 2025 | 0.2% | £543,771 |
| June 2024 | -1.3% | £542,925 |
| June 2023 | 4.3% | £550,286 |
| June 2022 | 8.7% | £527,563 |
| June 2021 | 6.6% | £485,242 |
| June 2020 | 3.4% | £455,107 |
| June 2019 | 1.9% | £440,098 |
| June 2018 | 5.7% | £431,698 |
| June 2017 | 6.5% | £408,413 |
| June 2016 | 3.9% | £383,477 |
| June 2015 | 7.3% | £369,102 |
| June 2014 | 6.3% | £343,937 |
| June 2013 | 1.8% | £323,501 |
| June 2012 | -0.6% | £317,812 |
| June 2011 | 1.7% | £319,570 |
| June 2010 | 6.1% | £314,163 |
| June 2009 | -11.2% | £296,014 |
| June 2008 | -1.9% | £333,377 |
| June 2007 | 0% | £339,791 |
Rental Market Trends
The current average rental value in the postcode is £1,453.
The LE15 8PY Rental Market has increased by 54.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,453pcm |
| June 2025 | 6.3% | £1,425pcm |
| June 2024 | 4.1% | £1,340pcm |
| June 2023 | 10.3% | £1,288pcm |
| June 2022 | 7.2% | £1,168pcm |
| June 2021 | 8.6% | £1,089pcm |
| June 2020 | 2.3% | £1,003pcm |
| June 2019 | 0.9% | £980pcm |
| June 2018 | 2.5% | £971pcm |
| June 2017 | 0.9% | £947pcm |
| June 2016 | 5.7% | £939pcm |
| June 2015 | 4.4% | £889pcm |
| June 2014 | 2.2% | £851pcm |
| June 2013 | 0.1% | £833pcm |
| June 2012 | 1.4% | £832pcm |
| June 2011 | 5.9% | £820pcm |
| June 2010 | 3.1% | £774pcm |
| June 2009 | -7.4% | £751pcm |
| June 2008 | 1.1% | £811pcm |
| June 2007 | 0% | £802pcm |
Sales History
The last sale was on 1st October 2024 for £545,000 and since then the market in the area has decreased by 2.8%. The postcode has had a total of 44 sales since 1995.
LE15 8PY has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Oct 2024£545,000 | 4 Bed House53, Willoughby Drive, Oakham, LE15 8PY53, Willoughby Drive, Oakham, LE15 8PY
- Sold Feb 2023£530,000 | 4 Bed House23, Willoughby Drive, Oakham, LE15 8PY23, Willoughby Drive, Oakham, LE15 8PY
- Sold Feb 2022£515,150 | 4 Bed House25, Willoughby Drive, Oakham, LE15 8PY25, Willoughby Drive, Oakham, LE15 8PY
- Sold Dec 2021£515,000 | 4 Bed House51, Willoughby Drive, Oakham, LE15 8PY51, Willoughby Drive, Oakham, LE15 8PY
- Sold Mar 2019£370,000 | 3 Bed House17, Willoughby Drive, Oakham, LE15 8PY17, Willoughby Drive, Oakham, LE15 8PY
Nearby Postcodes
LE15 8PY is the 931st largest and the 769th most expensive postcode out of the 1,030 postcodes in the LE15 area.
- LE15 8PZ, Willoughby Drive, Empingham, Oakham, LE15LE15 8PZ22 Addresses|63 m away
- LE15 8PU, Nursery Close, Empingham, Oakham, LE15LE15 8PU7 Addresses|133 m away
- LE15 8PQ, School Lane, Empingham, Oakham, LE15LE15 8PQ2 Addresses|215 m away
- LE15 8PS, Main Street, Empingham, Oakham, LE15LE15 8PS28 Addresses|219 m away
- LE15 8QF, Glebe Close, Empingham, Oakham, LE15LE15 8QF2 Addresses|245 m away
Property Types
- 1 period house built between 1800 and 1911
- 3 modern houses built after 1980
- 17 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 14 other addresses of unknown type
- period house (1)
- modern house (3)
- mid-century house (17)
- house (1)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (1)
- C (2)
- G (0)
- D (14)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold Nov 2024£625,000 | 4 Bed House8, Willoughby Drive, Oakham, LE15 8PZ8, Willoughby Drive, Oakham, LE15 8PZ
- Sold Oct 2024£545,000 | 4 Bed House53, Willoughby Drive, Oakham, LE15 8PY53, Willoughby Drive, Oakham, LE15 8PY
- Sold Aug 2018£537,500 | 4 Bed House9, Willoughby Drive, Oakham, LE15 8PY9, Willoughby Drive, Oakham, LE15 8PY
Schools Nearby
- Empingham Church of England Primary School200 m away
- Exton and Greetham CofE Primary School3.5 km away
- Edith Weston Academy4.6 km away
- Casterton College Rutland4.9 km away
- Stamford Welland Academy7.5 km away
- Catmose College10.0 km away
More reading links
Public Transport Nearby
The closest station to LE15 8PY is Stamford (Lincs) station, which is 7.7 kilometres away.
- Stamford (Lincs)|7.7 km away
- Oakham|9.7 km away
- Corby|20.9 km away
- Melton Mowbray|22.5 km away
