2, Tippings Lane
2, Tippings Lane
Description & Estimates
2, Tippings Lane, Oakham appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 1,624 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 2, Tippings Lane, Oakham is £898,856 and its rental estimate is £2,345 per month, given the available information and assuming reasonable condition.
Tippings Lane, Barrowden, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
2, Tippings Lane, Oakham has a single entry in the Land Registry from June 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 2, Tippings Lane, Oakham, we estimate a market value of £943,799 and a rental value of £2,462 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £835,936 and £2,181 per month respectively.
Recent Market Change
Over the last year, 2, Tippings Lane, Oakham has seen its estimated sale value drop by £19,486 (2.2%) and its estimated rental value rise by £51 per month (2.2%). This results in an estimated gross rental yield of 3.1%.
Sold Prices
The most recent sale of 2, Tippings Lane, Oakham completed on 18th June 2007 at £445,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 27.5% over the period since June 2007.
- Sold Jun 2007£445,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Tippings Lane, Oakham have sold within a radius of 5.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th January 2018, was The Coach House, Church Street, Oakham, LE15 8JR, a freehold house which sold for £575,000.
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 8 addresses on Tippings Lane, Barrowden, Oakham, LE15, 2, Tippings Lane, Oakham comes out as the 3rd largest and the 2nd most expensive in our analysis of the public data.
It is also £518k more expensive than the average property across the LE15 district.
More reading links
Schools Nearby
- 3.4kmSt Mary and St John CofE VA Primary School
- 5.5kmKetton Church of England Primary School
- 5.6kmEdith Weston Academy
- 8.1kmUppingham Community College
- 9.5kmCorby Business Academy
- 10.8kmCasterton College Rutland
More reading links
Public Transport Nearby
From 2, Tippings Lane, Oakham, the nearest station is Stamford (Lincs), 10.4 kilometres away.
- 10.4kmStamford (Lincs)
- 12.6kmOakham
- 12.8kmCorby
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.
