1, Church Close
1, Church Close
Description & Estimates
1, Church Close, Oakham is described in the public record as a period house with 1,937 ft2 of internal area, sitting on a 628 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 1, Church Close, Oakham is £542,756 and its rental estimate is £1,602 per month, given the available information and assuming reasonable condition.
Church Close, Ashwell, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
1, Church Close, Oakham has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2022.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Church Close, Oakham, we estimate a market value of £569,894 and a rental value of £1,682 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £504,763 and £1,490 per month respectively.
Recent Market Change
Over the last year, 1, Church Close, Oakham has seen its estimated sale value drop by £14,627 (2.7%) and its estimated rental value rise by £22 per month (1.4%). This results in an estimated gross rental yield of 3.5%.
Plot Size
HM Land Registry records the plot of land for 1, Church Close, Oakham as measuring 628 m2.
That makes it the largest plot in the postcode, where 2 of the 5 other houses have recorded plot data.
Energy Efficiency
1, Church Close, Oakham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Church Close, Oakham completed on 11th December 1998 at £155,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
- Sold Dec 1998£155,000
- Sold Sep 1995£130,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Church Close, Oakham have sold within a radius of 3.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd November 2023, was 5, Ashwell Hall Stables, Oakham, LE15 7LH, a freehold house which sold for £487,500.
Read more about house prices in LE15.
- Sold Nov 2023£487,500 | 5 Bed House5, Ashwell Hall Stables, Oakham, LE15 7LH5, Ashwell Hall Stables, Oakham, LE15 7LH
- Sold Mar 2021£425,000 | 5 Bed House3, Ashwell Hall Stables, Oakham, LE15 7LH3, Ashwell Hall Stables, Oakham, LE15 7LH
- Sold Aug 2014£385,000 | 4 Bed House1, Brookdene, Oakham, LE15 7LQ1, Brookdene, Oakham, LE15 7LQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 5 addresses on Church Close, Ashwell, Oakham, LE15, 1, Church Close, Oakham comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £162k more expensive than the average property across the LE15 district.
More reading links
Schools Nearby
- 3.5kmSt Nicholas Church of England Primary School
- 3.5kmLangham CofE (Controlled) Primary School
- 3.6kmWhissendine Church of England Primary School
- 4.8kmCatmose College
- 13.2kmLong Field Spencer Academy
- 13.5kmJohn Ferneley College
More reading links
Public Transport Nearby
From 1, Church Close, Oakham, the nearest station is Oakham, 4.8 kilometres away.
- 4.8kmOakham
- 12.3kmMelton Mowbray
- 17.7kmStamford (Lincs)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
