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According to the public record, 1, Back Lane, Oakham is a modern house with 3,336 ft2 of internal area and sits on a 1,152 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Back Lane, Oakham is £1,070,050 and the estimated rental value is £2,835 per month.
Back Lane, Barrowden, Oakham, LE15 is located within the LE15 postal district.
1, Back Lane, Oakham has no records in the the Land Registry and a single entry in the EPC database dated May 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Back Lane, Oakham is in very good condition we estimate a sale value of £1,123,552 and a rental value of £2,976 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £995,146 and a rental value of £2,636 per month.
Over the last 12 months the sale value of 1 Back Lane Oakham has decreased by an estimated £28,837 (2.7%) and its rental value has increased by an estimated £39 per month (1.4%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, 1, Back Lane, Oakham sits on a plot of 1152m2.
1, Back Lane, Oakham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 May 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Back Lane, Oakham within a radius of 5.1 kilometres over the last 2 years.
The most recent example is Tree Tops, Wakerley Road, Oakham, LE15 8EP, a freehold house which sold for £1,150,000 on the 2nd December 2024.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Back Lane, Barrowden, Oakham, LE15 has a total of 1 addresses. According to our analysis of all the public data, 1, Back Lane, Oakham is the largest and the most expensive property on the street.
When compared to the postcode district it is £690k more expensive than the average property in LE15.
The closest station to 1, Back Lane, Oakham is Stamford (Lincs) station which is 10.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Back Lane, Oakham, 57.6% of property is privately owned outright and 25.4% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Back Lane, Oakham, 14.7% of residents are recorded as possessing school level qualifications and 54.1% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Back Lane, Oakham, the average age was 47 and the most common age was 72.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Back Lane, Oakham, 2.7% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Back Lane, Oakham, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.