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According to the public record, 3, Spinney Lane, Oakham is a modern freehold house with 344 ft2 of internal area and sits on a 494 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Spinney Lane, Oakham is £305,784 and the estimated rental value is £960 per month.
Spinney Lane, Stretton, Oakham, LE15 is located within the LE15 postal district.
3, Spinney Lane, Oakham has 61 entries in the Land Registry , most recently in December 2024 and a single entry in the EPC database dated November 2020.
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.
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, Spinney Lane, Oakham is in very good condition we estimate a sale value of £321,073 and a rental value of £1,008 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,379 and a rental value of £893 per month.
Over the last 12 months the sale value of 3 Spinney Lane Oakham has decreased by an estimated £16,931 (5.5%) and its rental value has increased by an estimated £5 per month (0.5%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, 3, Spinney Lane, Oakham sits on a plot of 494m2.
We have plot size data on 8 out of 8 other houses in the postcode and 3, Spinney Lane, Oakham sits on the 6th largest plot.
3, Spinney Lane, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Nov 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 3, Spinney Lane, Oakham was last sold on 19th December 2024 for £310,000 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since December 2024, the market for similar properties has dropped 4.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 4.7 kilometres radius of 3, Spinney Lane, Oakham over the last 2 years.
The most recent example is 5, Spinney Lane, Oakham, LE15 7RB, a freehold house which sold for £248,000 on the 12th October 2018.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spinney Lane, Stretton, Oakham, LE15 has a total of 8 addresses. According to our analysis of all the public data, 3, Spinney Lane, Oakham is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £71k less expensive than the average property in LE15.
The closest station to 3, Spinney Lane, Oakham is Oakham station which is 11.3 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Spinney Lane, Oakham, 60.3% of property is privately owned outright and 25.0% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Spinney Lane, Oakham, 23.0% of residents are recorded as possessing school level qualifications and 42.8% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Spinney Lane, Oakham, the average age was 40.8 and the most common age was 27.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Spinney Lane, Oakham, 3.9% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Spinney Lane, Oakham, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.