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According to the public record, 2, Luffenham Road, Oakham is a mid-century freehold house with 785 ft2 of internal area and sits on a 502 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Luffenham Road, Oakham is £348,291 and the estimated rental value is £1,155 per month.
Luffenham Road, Barrowden, Oakham, LE15 is located within the LE15 postal district.
2, Luffenham Road, Oakham has a single entry in the Land Registry from June 2016 and a single entry in the EPC database dated May 2017.
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.
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 2, Luffenham Road, Oakham is in very good condition we estimate a sale value of £365,706 and a rental value of £1,212 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,911 and a rental value of £1,074 per month.
Over the last 12 months the sale value of 2 Luffenham Road Oakham has decreased by an estimated £12,179 (3.5%) and its rental value has increased by an estimated £12 per month (1.0%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 2, Luffenham Road, Oakham sits on a plot of 502m2.
We have plot size data on 2 out of 5 other houses in the postcode and 2, Luffenham Road, Oakham sits on the 2nd largest plot.
2, Luffenham Road, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 May 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Luffenham Road, Oakham was last sold on 23rd June 2016 for £247,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2016, the market for similar properties has risen 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Luffenham Road, Oakham within a radius of 5.1 kilometres over the last 2 years.
The most recent example is 1, The Street, Oakham, LE15 8NX, a freehold house which sold for £330,000 on the 19th December 2024.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Luffenham Road, Barrowden, Oakham, LE15 has a total of 5 addresses. According to our analysis of all the public data, 2, Luffenham Road, Oakham is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in LE15.
The closest station to 2, Luffenham Road, Oakham is Stamford (Lincs) station which is 10.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Luffenham Road, Oakham, 57.6% of property is privately owned outright and 25.4% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Luffenham Road, Oakham, 14.7% of residents are recorded as possessing school level qualifications and 54.1% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Luffenham Road, Oakham, the average age was 47 and the most common age was 72.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Luffenham Road, Oakham, 2.7% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Luffenham Road, Oakham, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.