16, Wheel Lane
16, Wheel Lane
Description & Estimates
According to the public record, 16, Wheel Lane, Oakham is a period house with 624 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Wheel Lane, Oakham is £487,011 and the estimated rental value is £1,504 per month.
Wheel Lane, Barrowden, Oakham, LE15 is located within the LE15 postal district.
Our Data Sources
16, Wheel Lane, Oakham has no records in the the Land Registry and a single entry in the EPC database dated June 2012.
We combine this information with public data 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
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 16, Wheel Lane, Oakham is in very good condition we estimate a sale value of £511,361 and a rental value of £1,580 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £452,920 and a rental value of £1,399 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16, Wheel Lane, Oakham has moved down by £22,236 (4.6%), while its estimated rental value has increased by £2 per month (0.1%). Based on current estimates, the property offers a gross rental yield of 3.7%.
Energy Efficiency
16, Wheel Lane, Oakham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jun 2012.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Wheel Lane, Oakham within a radius of 5.2 kilometres over the last 2 years.
The most recent example is 11, Wheel Lane, Oakham, LE15 8ER, a freehold house which sold for £430,000 on the 17th June 2019.
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
Wheel Lane, Barrowden, Oakham, LE15 has a total of 16 addresses. According to our analysis of all the public data, 16, Wheel Lane, Oakham is the 5th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £107k more expensive than the average property in LE15.
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Schools Nearby
- 3.5kmSt Mary and St John CofE VA Primary School
- 5.3kmKetton Church of England Primary School
- 5.7kmEdith Weston Academy
- 8.3kmUppingham Community College
- 9.6kmCorby Business Academy
- 10.7kmCasterton College Rutland
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Public Transport Nearby
The closest station to 16, Wheel Lane, Oakham is Stamford (Lincs) station, which is 10.3 kilometres away.
- 10.3kmStamford (Lincs)
- 12.7kmOakham
- 12.9kmCorby
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
