3, Wheatsheaf Lane
3, Wheatsheaf Lane
Description & Estimates
The public record describes 3, Wheatsheaf Lane, Oakham as a period house with 1,087 ft2 of internal area, sitting on a 518 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Wheatsheaf Lane, Oakham has an estimated sale value of £327,091 and an estimated rental value of £1,248 per month, assuming reasonable condition and based on the information available.
Wheatsheaf Lane, Greetham, Oakham, LE15 lies within the LE15 postal district.
Our Data Sources
3, Wheatsheaf Lane, Oakham has no records in the the Land Registry and a single entry in the EPC database dated June 2024.
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
In very good condition, we estimate 3, Wheatsheaf Lane, Oakham would be worth £343,445, with a potential rental value of £1,310 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £304,194, with a rental value of £1,160 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, Wheatsheaf Lane, Oakham has decreased by £11,437 (3.5%) over the last year. During the same period, its estimated monthly rental value has grown by £13 (1.0%). The property's estimated gross yield is currently 4.6%.
Plot Size
3, Wheatsheaf Lane, Oakham occupies a 518 m2 plot as recorded by HM Land Registry.
All 4 other houses in this postcode have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
3, Wheatsheaf Lane, Oakham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Jun 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.6 kilometres of 3, Wheatsheaf Lane, Oakham across the last 2 years.
Most recently, 67, Main Street, Oakham, LE15 7NJ, a freehold house, sold at £357,500 on the 22nd September 2022.
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, Wheatsheaf Lane, Oakham as the largest and the most expensive of the 4 addresses on Wheatsheaf Lane, Greetham, Oakham, LE15.
Against the LE15 postcode district average, it is £53k less expensive than the typical property.
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Schools Nearby
- 2.0kmCottesmore Academy
- 2.9kmSt Nicholas Church of England Primary School
- 3.3kmExton and Greetham CofE Primary School
- 8.8kmCasterton College Rutland
- 9.2kmCatmose College
- 11.8kmStamford Welland Academy
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Public Transport Nearby
Oakham station is the nearest stop to 3, Wheatsheaf Lane, Oakham at 9.0 kilometres away.
- 9.0kmOakham
- 12.6kmStamford (Lincs)
- 18.2kmMelton Mowbray
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
