34, Butt Lane
34, Butt Lane
Description & Estimates
34, Butt Lane, Oakham is recorded publicly as a mid-century freehold house across 1,713 ft2 of internal area, sitting on a 438 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 34, Butt Lane, Oakham is £312,576 and its rental estimate is £1,219 per month, given the available information and assuming reasonable condition.
Butt Lane, North Luffenham, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
34, Butt Lane, Oakham has 41 entries in the Land Registry , most recently in July 2010 and a single entry in the EPC database dated April 2010.
We combine this information with that 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
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 34, Butt Lane, Oakham, we estimate a market value of £328,204 and a rental value of £1,280 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £290,695 and £1,134 per month respectively.
Recent Market Change
Over the last year, 34, Butt Lane, Oakham has seen its estimated sale value decline by £6,776 (2.2%) and its estimated rental value climb by £27 per month (2.2%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 34, Butt Lane, Oakham as measuring 438 m2.
That makes it the 17th largest plot in the postcode, where 18 of the 27 other houses have recorded plot data.
Energy Efficiency
34, Butt Lane, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Apr 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 34, Butt Lane, Oakham completed on 7th July 2010 at £235,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 67.8% over the period since July 2010.
- Sold Jul 2010£235,000
- Sold Jul 2003£185,000
- Sold Oct 1999£69,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 34, Butt Lane, Oakham have sold within a radius of 4.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th October 2023, was 35, Pinfold Close, Oakham, LE15 8NE, a freehold house which sold for £400,000.
Read more about house prices in LE15.
- Sold Oct 2023£400,000 | 4 Bed House35, Pinfold Close, Oakham, LE15 8NE35, Pinfold Close, Oakham, LE15 8NE
- Sold Aug 2020£287,500 | 4 Bed House3, Old School Close, Oakham, LE15 8LG3, Old School Close, Oakham, LE15 8LG
- Sold Dec 2018£295,000 | 4 Bed House36, Butt Lane, Oakham, LE15 8JN36, Butt Lane, Oakham, LE15 8JN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 27 addresses on Butt Lane, North Luffenham, Oakham, LE15, 34, Butt Lane, Oakham comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £68k less expensive than the average property across the LE15 district.
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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
More reading links
Public Transport Nearby
From 34, Butt Lane, Oakham, the nearest station is Oakham, 9.7 kilometres away.
- 9.7kmOakham
- 9.7kmStamford (Lincs)
- 15.5kmCorby
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.
