1, Pond Lane
1, Pond Lane
Description & Estimates
1, Pond Lane, Oakham is recorded publicly as a period freehold house across 2,637 ft2 of internal area, sitting on a 1,056 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 1, Pond Lane, Oakham is £788,970 and its rental estimate is £2,090 per month, given the available information and assuming reasonable condition.
Pond Lane, Greetham, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
1, Pond Lane, Oakham has 31 entries in the Land Registry , most recently in December 2019 and a single entry in the EPC database dated August 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Pond Lane, Oakham, we estimate a market value of £828,418 and a rental value of £2,195 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £733,742 and £1,944 per month respectively.
Recent Market Change
Over the last year, 1, Pond Lane, Oakham has seen its estimated sale value decline by £21,262 (2.7%) and its estimated rental value climb by £29 per month (1.4%). This results in an estimated gross rental yield of 3.2%.
Plot Size
HM Land Registry records the plot of land for 1, Pond Lane, Oakham as measuring 1,056 m2.
That makes it the largest plot in the postcode, where 10 of the 11 other houses have recorded plot data.
Energy Efficiency
1, Pond Lane, Oakham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Aug 2018.
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, Pond Lane, Oakham completed on 16th December 2019 at £690,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 23.4% over the period since December 2019.
- Sold Dec 2019£690,000
- Sold Jan 2011£320,000
- Sold Apr 1995£73,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Pond Lane, Oakham have sold within a radius of 4.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th May 2022, was 6, Shepherds Lane, Oakham, LE15 7NX, a freehold house which sold for £735,000.
Read more about house prices in LE15.
- Sold May 2022£735,000 | 5 Bed House6, Shepherds Lane, Oakham, LE15 7NX6, Shepherds Lane, Oakham, LE15 7NX
- Sold Oct 2014£400,000 | 5 Bed House22A, Church Lane, Oakham, LE15 7NF22A, Church Lane, Oakham, LE15 7NF
- Sold Dec 2013£422,500 | 5 Bed House24, Church Lane, Oakham, LE15 7NF24, Church Lane, Oakham, LE15 7NF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 11 addresses on Pond Lane, Greetham, Oakham, LE15, 1, Pond Lane, Oakham comes out as the largest and the most expensive in our analysis of the public data.
It is also £409k more expensive than the average property across the LE15 district.
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Schools Nearby
- 1.7kmCottesmore Academy
- 2.7kmSt Nicholas Church of England Primary School
- 3.5kmExton and Greetham CofE Primary School
- 9.1kmCatmose College
- 9.1kmCasterton College Rutland
- 12.1kmStamford Welland Academy
More reading links
Public Transport Nearby
From 1, Pond Lane, Oakham, the nearest station is Oakham, 8.9 kilometres away.
- 8.9kmOakham
- 12.9kmStamford (Lincs)
- 17.8kmMelton Mowbray
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
