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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 5, Spinney Lane, Oakham is a period freehold house with 1,011 ft2 of internal area and sits on a 444 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Spinney Lane, Oakham is £588,931 and the estimated rental value is £1,742 per month.
Spinney Lane, Stretton, Oakham, LE15 is located within the LE15 postal district.
5, Spinney Lane, Oakham has a single entry in the Land Registry from October 2018 and a single entry in the EPC database dated May 2018.
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 5, Spinney Lane, Oakham is in very good condition we estimate a sale value of £618,378 and a rental value of £1,829 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £547,706 and a rental value of £1,620 per month.
Over the last 12 months the sale value of 5 Spinney Lane Oakham has decreased by an estimated £23,660 (4.0%) and its rental value has increased by an estimated £24 per month (1.4%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, 5, Spinney Lane, Oakham sits on a plot of 444m2.
We have plot size data on 8 out of 8 other houses in the postcode and 5, Spinney Lane, Oakham sits on the 7th largest plot.
5, Spinney Lane, Oakham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 May 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 5, Spinney Lane, Oakham was last sold on 12th October 2018 for £248,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2018, the market for similar properties has risen 28.3%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 4.7 kilometres radius of 5, Spinney Lane, Oakham over the last 2 years.
The most recent example is 3, Spinney Lane, Oakham, LE15 7RB, a freehold house which sold for £310,000 on the 19th December 2024.
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, 5, Spinney Lane, Oakham is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £212k more expensive than the average property in LE15.
The closest station to 5, 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 5, 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 5, 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 5, 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 5, 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 5, 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.
