1, Water Lane
1, Water Lane
Description & Estimates
Public records show 1, Water Lane, Oakham to be a mid-century freehold house with 1,151 ft2 of internal area, sitting on a 846 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
1, Water Lane, Oakham has an estimated sale value of £302,388 and an estimated rental value of £1,252 per month, assuming reasonable condition and based on the information available.
Water Lane, Ashwell, Oakham, LE15 lies within the LE15 postal district.
Our Data Sources
1, Water Lane, Oakham has a single entry in the Land Registry from January 2019 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 1, Water Lane, Oakham would be worth £317,508, with a potential rental value of £1,315 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £281,221, with a rental value of £1,164 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Water Lane, Oakham has declined by £10,574 (3.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £13 (1.0%). The property's estimated gross yield is currently 5.0%.
Plot Size
1, Water Lane, Oakham occupies a 846 m2 plot as recorded by HM Land Registry.
Of the 18 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
1, Water Lane, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Sep 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
1, Water Lane, Oakham last changed hands on 9th January 2019, selling for £355,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 40.9% since January 2019.
- Sold Jan 2019£355,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.8 kilometres of 1, Water Lane, Oakham across the last 2 years.
Most recently, 8, Langham Road, Oakham, LE15 7LN, a freehold house, sold at £280,000 on the 27th March 2025.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Water Lane, Oakham as the 16th largest and the 16th most expensive of the 18 addresses on Water Lane, Ashwell, Oakham, LE15.
Against the LE15 postcode district average, it is £78k less expensive than the typical property.
More reading links
Schools Nearby
- 3.4kmSt Nicholas Church of England Primary School
- 3.5kmLangham CofE (Controlled) Primary School
- 3.8kmWhissendine Church of England Primary School
- 4.7kmCatmose College
- 13.4kmLong Field Spencer Academy
- 13.7kmJohn Ferneley College
More reading links
Public Transport Nearby
Oakham station is the nearest stop to 1, Water Lane, Oakham at 4.7 kilometres away.
- 4.7kmOakham
- 12.5kmMelton Mowbray
- 17.5kmStamford (Lincs)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
