3, Great Lane
3, Great Lane
Description & Estimates
According to the public record, 3, Great Lane, Oakham is a modern freehold house with 1,271 ft2 of internal area and sits on a 1,007 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Great Lane, Oakham is £671,540 and the estimated rental value is £1,896 per month.
Great Lane, Greetham, Oakham, LE15 is located within the LE15 postal district.
Our Data Sources
3, Great Lane, Oakham has a single entry in the Land Registry from November 2013 and a single entry in the EPC database dated February 2011.
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.
Price Range & Condition
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 3, Great Lane, Oakham is in very good condition we estimate a sale value of £705,118 and a rental value of £1,991 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £624,533 and a rental value of £1,763 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Great Lane, Oakham has decreased by £14,558 (2.2%), while its estimated rental value has grown by £41 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 3.4%.
Plot Size
According to data from HM Land Registry, 3, Great Lane, Oakham sits on a plot of 1,007 m2.
We have plot size data on 23 out of 32 other houses in the postcode and 3, Great Lane, Oakham sits on the 2nd largest plot.
Energy Efficiency
3, Great Lane, Oakham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Feb 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
According to HM Land Registry, 3, Great Lane, Oakham was last sold on 29th November 2013 for £430,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2013, the market for similar properties has risen by 55.0%.
- Sold Nov 2013£430,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 3, Great Lane, Oakham within a radius of 4.5 kilometres over the last 2 years.
The most recent example is 4, Little Lane, Oakham, LE15 7NQ, a freehold house which sold for £380,000 on the 28th October 2019.
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
Great Lane, Greetham, Oakham, LE15 has a total of 32 addresses. According to our analysis of all the public data, 3, Great Lane, Oakham is the 7th largest and the most expensive property on the street.
When compared to the postcode district it is £291k more expensive than the average property in LE15.
More reading links
Schools Nearby
- 1.7kmCottesmore Academy
- 2.7kmSt Nicholas Church of England Primary School
- 3.5kmExton and Greetham CofE Primary School
- 9.1kmCasterton College Rutland
- 9.2kmCatmose College
- 12.1kmStamford Welland Academy
More reading links
Public Transport Nearby
The closest station to 3, Great Lane, Oakham is Oakham station, which is 8.9 kilometres away.
- 8.9kmOakham
- 12.9kmStamford (Lincs)
- 17.9kmMelton Mowbray
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
