3, Butt Lane
3, Butt Lane
Description & Estimates
The public record describes 3, Butt Lane, Oakham as a mid-century house with 604 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
3, Butt Lane, Oakham has an estimated sale value of £171,785 and an estimated rental value of £803 per month, assuming reasonable condition and based on the information available.
Butt Lane, North Luffenham, Oakham, LE15 lies within the LE15 postal district.
Our Data Sources
3, Butt Lane, Oakham has no records in the the Land Registry and a single entry in the EPC database dated September 2010.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 3, Butt Lane, Oakham would be worth £180,375, with a potential rental value of £843 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £159,760, with a rental value of £746 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 3, Butt Lane, Oakham has fallen by £7,843 (4.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £1 (0.1%). The property's estimated gross yield is currently 5.6%.
Energy Efficiency
3, Butt Lane, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Sep 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.4 kilometres of 3, Butt Lane, Oakham across the last 2 years.
Most recently, 4, Sharpes Plain, Stamford, PE9 3RZ, a leasehold house, sold at £203,000 on the 1st May 2024.
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 3, Butt Lane, Oakham as the 24th largest and the 24th most expensive of the 27 addresses on Butt Lane, North Luffenham, Oakham, LE15.
Against the LE15 postcode district average, it is £209k less expensive than the typical property.
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Schools Nearby
- 200mSt Mary and St John CofE VA Primary School
- 2.2kmEdith Weston Academy
- 4.5kmKetton Church of England Primary School
- 8.3kmUppingham Community College
- 8.9kmCasterton College Rutland
- 10.0kmCatmose College
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Public Transport Nearby
Oakham station is the nearest stop to 3, Butt Lane, Oakham at 9.7 kilometres away.
- 9.7kmOakham
- 9.7kmStamford (Lincs)
- 15.5kmCorby
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.
