12, Southwell Way
12, Southwell Way
Description & Estimates
12, Southwell Way, Oakham is recorded publicly as a modern freehold house across 1,130 ft2 of internal area, sitting on a 229 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 12, Southwell Way, Oakham is £386,979 and its rental estimate is £1,305 per month, given the available information and assuming reasonable condition.
Southwell Way, Uppingham, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
12, Southwell Way, Oakham has 2 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 12, Southwell Way, Oakham, we estimate a market value of £406,328 and a rental value of £1,371 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £359,890 and £1,214 per month respectively.
Recent Market Change
Over the last year, 12, Southwell Way, Oakham has seen its estimated sale value drop by £13,532 (3.5%) and its estimated rental value rise by £13 per month (1.0%). This results in an estimated gross rental yield of 4.0%.
Plot Size
HM Land Registry records the plot of land for 12, Southwell Way, Oakham as measuring 229 m2.
That makes it the 25th largest plot in the postcode, where 32 of the 39 other houses have recorded plot data.
Energy Efficiency
12, Southwell Way, Oakham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Nov 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 12, Southwell Way, Oakham completed on 7th August 2023 at £440,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 7.9% over the period since August 2023.
- Sold Aug 2023£440,000
- Sold Jan 2019£315,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Southwell Way, Oakham have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th June 2024, was 16, Laurel Close, Oakham, LE15 9FG, a freehold house which sold for £419,995.
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
Of the 43 addresses on Southwell Way, Uppingham, Oakham, LE15, 12, Southwell Way, Oakham comes out as the 22nd largest and the 22nd most expensive in our analysis of the public data.
It is also £7k more expensive than the average property across the LE15 district.
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Schools Nearby
- 500mUppingham Church of England Primary School
- 900mLeighfield Primary School
- 7.5kmGretton Primary Academy
- 1.6kmUppingham Community College
- 9.0kmCatmose College
- 10.1kmLodge Park Academy
More reading links
Public Transport Nearby
From 12, Southwell Way, Oakham, the nearest station is Oakham, 8.9 kilometres away.
- 8.9kmOakham
- 12.0kmCorby
- 17.1kmMarket Harborough
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
