21, Water Lane
21, Water Lane
Description & Estimates
Public records show 21, Water Lane, Oakham to be a period freehold house with 2,088 ft2 of internal area, sitting on a 972 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
21, Water Lane, Oakham has an estimated sale value of £421,136 and an estimated rental value of £1,623 per month, assuming reasonable condition and based on the information available.
Water Lane, Ashwell, Oakham, LE15 lies within the LE15 postal district.
Our Data Sources
21, Water Lane, Oakham has 2 entries in the Land Registry , most recently in April 2015 and a single entry in the EPC database dated October 2014.
We combine this information with that 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
In very good condition, we estimate 21, Water Lane, Oakham would be worth £442,193, with a potential rental value of £1,704 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £391,656, with a rental value of £1,510 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 21, Water Lane, Oakham has fallen by £11,349 (2.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £22 (1.4%). The property's estimated gross yield is currently 4.6%.
Plot Size
21, Water Lane, Oakham occupies a 972 m2 plot as recorded by HM Land Registry.
Of the 18 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
21, Water Lane, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Oct 2014.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
21, Water Lane, Oakham last changed hands on 27th April 2015, selling for £460,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 11.5% since April 2015.
- Sold Apr 2015£460,000
- Sold Jan 2012£250,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.9 kilometres of 21, Water Lane, Oakham across the last 2 years.
Most recently, 9, Main Street, Oakham, LE15 7PE, a freehold house, sold at £450,000 on the 17th October 2025.
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
Our analysis of the public data ranks 21, Water Lane, Oakham as the 9th largest and the 10th most expensive of the 18 addresses on Water Lane, Ashwell, Oakham, LE15.
Against the LE15 postcode district average, it is £41k more expensive than the typical property.
More reading links
Schools Nearby
- 3.4kmSt Nicholas Church of England Primary School
- 3.5kmLangham CofE (Controlled) Primary School
- 3.8kmWhissendine Church of England Primary School
- 4.7kmCatmose College
- 13.4kmLong Field Spencer Academy
- 13.7kmJohn Ferneley College
More reading links
Public Transport Nearby
Oakham station is the nearest stop to 21, Water Lane, Oakham at 4.7 kilometres away.
- 4.7kmOakham
- 12.5kmMelton Mowbray
- 17.5kmStamford (Lincs)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
