5, Butt Lane
5, Butt Lane
Description & Estimates
5, Butt Lane, Oakham is described in the public record as a mid-century house with 635 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5, Butt Lane, Oakham is £175,798 and its rental estimate is £821 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
5, Butt Lane, Oakham has no records in the the Land Registry and a single entry in the EPC database dated July 2018.
We combine this information with public data 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 5, Butt Lane, Oakham, we estimate a market value of £184,588 and a rental value of £862 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £163,492 and £764 per month respectively.
Recent Market Change
Over the last year, 5, Butt Lane, Oakham has seen its estimated sale value decline by £8,027 (4.6%) and its estimated rental value climb by £1 per month (0.1%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
5, Butt Lane, Oakham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jul 2018.
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
Over the past 2 years 3 properties similar to 5, 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 20th June 2024, was 5, Station Road, Oakham, LE15 8LF, a freehold house which sold for £220,000.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 27 addresses on Butt Lane, North Luffenham, Oakham, LE15, 5, Butt Lane, Oakham comes out as the 23rd largest and the 23rd most expensive in our analysis of the public data.
It is also £205k less expensive than the average property across the LE15 district.
More reading links
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 5, 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.
