3, Kings Lane
3, Kings Lane
Description & Estimates
3, Kings Lane, Oakham is described in the public record as a period house with 2,314 ft2 of internal area, sitting on a 1,116 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 3, Kings Lane, Oakham is £834,742 and its rental estimate is £2,211 per month, given the available information and assuming reasonable condition.
Kings Lane, Barrowden, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
3, Kings Lane, Oakham has no records in the the Land Registry and a single entry in the EPC database dated April 2013.
We combine this information with public data 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
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 3, Kings Lane, Oakham, we estimate a market value of £876,480 and a rental value of £2,322 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £776,310 and £2,056 per month respectively.
Recent Market Change
Over the last year, 3, Kings Lane, Oakham has seen its estimated sale value move down by £22,496 (2.7%) and its estimated rental value increase by £30 per month (1.4%). This results in an estimated gross rental yield of 3.2%.
Plot Size
HM Land Registry records the plot of land for 3, Kings Lane, Oakham as measuring 1,116 m2.
That makes it the largest plot in the postcode, where 5 of the 8 other houses have recorded plot data.
Energy Efficiency
3, Kings Lane, Oakham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Apr 2013.
The property is not connected to mains gas and has partial secondary glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Kings Lane, Oakham have sold within a radius of 5.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th November 2021, was 6, Main Street, Oakham, LE15 8EQ, a freehold house which sold for £670,000.
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 Kings Lane, Barrowden, Oakham, LE15, 3, Kings Lane, Oakham comes out as the 2nd largest and the most expensive in our analysis of the public data.
It is also £454k more expensive than the average property across the LE15 district.
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Schools Nearby
- 3.5kmSt Mary and St John CofE VA Primary School
- 5.3kmKetton Church of England Primary School
- 5.7kmEdith Weston Academy
- 8.3kmUppingham Community College
- 9.6kmCorby Business Academy
- 10.6kmCasterton College Rutland
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Public Transport Nearby
From 3, Kings Lane, Oakham, the nearest station is Stamford (Lincs), 10.2 kilometres away.
- 10.2kmStamford (Lincs)
- 12.8kmOakham
- 13.0kmCorby
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.
