Lower Farm Close - LE15 8RB
Key Street Insights
Lower Farm Close is a residential street with 6 addresses.
It ranks as the 246th largest of the 883 streets in the LE15 area.
The street contains a total of 6 properties: 3 houses and 3 other properties.
- Ave. Sale Price
- £972,384
- 10 Year change
- up 34.6%
- Ave. Rental Price
- £2,729pcm
- 10 Year change
- up 53.0%
- Ave. £ per ft²
- £398/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Key Street Insights
Lower Farm Close is a residential street with 6 addresses.
It ranks as the 246th largest of the 883 streets in the LE15 area.
The street contains a total of 6 properties: 3 houses and 3 other properties.
- Ave. Sale Price
- £972,384
- 10 Year change
- up 34.6%
- Ave. Rental Price
- £2,729pcm
- 10 Year change
- up 53.0%
- Ave. £ per ft²
- £398/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Explore Properties on Lower Farm Close, Empingham, Oakham, LE15
- Mill View
5 Bed Modern House
- Northbrook House
5 Bed Modern House
- Shambles
House
- The Barn
House
- The Old Granary
5 Bed House
Sales Market Trends
The last sale on Lower Farm Close sold for £1,425,000 on 4th November 2024. Since then prices are down an average of 2.8%.
The current average value in the street is £972,384.
The Lower Farm Close Sales Market has increased by 34.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.7% | £972,384 |
| June 2025 | 0.4% | £1,010,139 |
| June 2024 | -1.1% | £1,006,130 |
| June 2023 | 4.4% | £1,017,343 |
| June 2022 | 7.7% | £974,551 |
| June 2021 | 6.4% | £904,634 |
| June 2020 | 3.6% | £850,619 |
| June 2019 | 1.8% | £820,825 |
| June 2018 | 5.2% | £806,465 |
| June 2017 | 6.1% | £766,540 |
| June 2016 | 3.7% | £722,246 |
| June 2015 | 7.2% | £696,407 |
| June 2014 | 6.1% | £649,925 |
| June 2013 | 1.3% | £612,497 |
| June 2012 | -0.6% | £604,805 |
| June 2011 | 2.1% | £608,713 |
| June 2010 | 7.8% | £596,259 |
| June 2009 | -10% | £553,052 |
| June 2008 | -2.7% | £614,281 |
| June 2007 | 0% | £631,071 |
Rental Market Trends
The current average rental value in the street is £2,729.
The Lower Farm Close Rental Market has increased by 53.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £2,729pcm |
| June 2025 | 6.6% | £2,670pcm |
| June 2024 | 4.3% | £2,505pcm |
| June 2023 | 10.4% | £2,401pcm |
| June 2022 | 6.2% | £2,175pcm |
| June 2021 | 8.3% | £2,048pcm |
| June 2020 | 2.5% | £1,891pcm |
| June 2019 | 0.8% | £1,844pcm |
| June 2018 | 2% | £1,830pcm |
| June 2017 | 0.5% | £1,794pcm |
| June 2016 | 5.5% | £1,784pcm |
| June 2015 | 4.3% | £1,691pcm |
| June 2014 | 2% | £1,622pcm |
| June 2013 | -0.4% | £1,590pcm |
| June 2012 | 1.4% | £1,597pcm |
| June 2011 | 6.3% | £1,576pcm |
| June 2010 | 4.7% | £1,482pcm |
| June 2009 | -6.1% | £1,415pcm |
| June 2008 | 0.3% | £1,507pcm |
| June 2007 | 0% | £1,502pcm |
Sales History
The last recorded sale was on 4th November 2024 for £1,425,000 and since then the market in the area has decreased by 2.8%.
Lower Farm Close, Empingham, Oakham, LE15 has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Nov 2024£1,425,000 | 5 Bed HouseNorthbrook House, Lower Farm Close, Oakham, LE15 8RBNorthbrook House, Lower Farm Close, Oakham, LE15 8RB
- Sold Oct 2022£1,460,000 | 5 Bed HouseNorthbrook House, Lower Farm Close, Oakham, LE15 8RBNorthbrook House, Lower Farm Close, Oakham, LE15 8RB
- Sold Dec 2020£900,000 | 5 Bed HouseMill View, Lower Farm Close, Oakham, LE15 8RBMill View, Lower Farm Close, Oakham, LE15 8RB
Top 3 Most Expensive Sales
- Sold Oct 2022£1,460,000 | 5 Bed HouseNorthbrook House, Lower Farm Close, Oakham, LE15 8RBNorthbrook House, Lower Farm Close, Oakham, LE15 8RB
- Sold Nov 2024£1,425,000 | 5 Bed HouseNorthbrook House, Lower Farm Close, Oakham, LE15 8RBNorthbrook House, Lower Farm Close, Oakham, LE15 8RB
- Sold Aug 2010£1,062,500 | 5 Bed HouseNorthbrook House, Lower Farm Close, Oakham, LE15 8RBNorthbrook House, Lower Farm Close, Oakham, LE15 8RB
Nearby Streets
Lower Farm Close, Empingham, Oakham, LE15 is the 246th largest and the 869th most expensive street in the LE15 area.
- School Lane, Empingham, Oakham, LE152 Addresses|49 m away
- Nursery Close, Empingham, Oakham, LE157 Addresses|180 m away
- Glebe Close, Empingham, Oakham, LE152 Addresses|233 m away
- Willoughby Drive, Empingham, Oakham, LE1558 Addresses|247 m away
- Mill Lane, Empingham, Oakham, LE156 Addresses|262 m away
- Main Street, Empingham, Oakham, LE1571 Addresses|320 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (4)
Schools Nearby
- Empingham Church of England Primary School100 m away
- Exton and Greetham CofE Primary School3.5 km away
- Great Casterton Church of England Primary School4.4 km away
- Casterton College Rutland4.7 km away
- Stamford Welland Academy7.3 km away
- Catmose College10.2 km away
More reading links
Public Transport Nearby
The closest station to Lower Farm Close, Empingham, Oakham, LE15 - LE15 8RB is Stamford (Lincs) station, which is 7.6 kilometres away.
- Stamford (Lincs)|7.6 km away
- Oakham|9.9 km away
- Corby|21.2 km away