Our Data Sources
2, Water Lane, Oakham has 21 entries in the Land Registry, most recently in September 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 2 out of 5 and is considered of medium accuracy.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
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, Water Lane, Oakham, we estimate a market value of £491,395 and a rental value of £1,964 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £435,235 and £1,740 per month respectively.
Sold Prices
The most recent sale of 2, Water Lane, Oakham completed on 4th September 2007 at £660,000 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 9.5% over the period since September 2007.
- Sold Sep 2007£660,000
- Sold Jun 2005£240,000
Similar Properties Sold Nearby
Since 2007 9 properties similar to 2, Water Lane, Oakham have sold within a radius of 3.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd May 2024, was 32, Main Street, Oakham, LE15 7DJ, a freehold house which sold for £595,000.
Read more about house prices in LE15.
- Sold May 2024£595,000 | 5 Bed House32, Main Street, Oakham, LE15 7DJ32, Main Street, Oakham, LE15 7DJ
- Sold Sep 2020£825,000 | 5 Bed House34D, Main Street, Oakham, LE15 7ET34D, Main Street, Oakham, LE15 7ET
- Sold Nov 2018£549,000 | 5 Bed HouseHome Cottage, Main Street, Oakham, LE15 7RTHome Cottage, Main Street, Oakham, LE15 7RT
- Sold Aug 2017£377,500 | 5 Bed House1, Lawrence Close, Oakham, LE15 7QE1, Lawrence Close, Oakham, LE15 7QE
- Sold Oct 2015£495,000 | 5 Bed House30A, Main Street, Oakham, LE15 7DJ30A, Main Street, Oakham, LE15 7DJ
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £439,530, ranging from £218,772 to £809,347.
- 3 Water Lane
5 Bed House | 0 m | Est. Value: £461,018
- 11 Water Lane
5 Bed House | 0 m | Est. Value: £415,294
- 5 Water Lane
4 Bed House | 2 m | Est. Value: £341,889
- Spring Barn
5 Bed House | 41 m | Est. Value: £565,004
- Waterlea
5 Bed House | 43 m | Est. Value: £685,230
Location Comparison
Of the 18 addresses on Water Lane, Ashwell, Oakham, LE15, 2, Water Lane, Oakham comes out as the 5th largest and the 7th most expensive in our analysis of the public data.
It is also £94k more expensive than the average property across the LE15 district.
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Schools Nearby
- St Nicholas Church of England Primary School3.4 km away
- Langham CofE (Controlled) Primary School3.5 km away
- Whissendine Church of England Primary School3.8 km away
- Catmose College4.7 km away
- Long Field Spencer Academy13.4 km away
- John Ferneley College13.7 km away
More reading links
Public Transport Nearby
- Oakham|4.7 km away
- Melton Mowbray|12.5 km away
- Stamford (Lincs)|17.5 km away
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast Broadband available in this area.
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
