Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 7, Loves Lane, Oakham is a period freehold house with 721 ft2 of internal area and sits on a 276 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 7, Loves Lane, Oakham is £278,583 and the estimated rental value is £1,072 per month.
Loves Lane, Empingham, Oakham, LE15 is located within the LE15 postal district.
7, Loves Lane, Oakham has a single entry in the Land Registry from February 2023 and a single entry in the EPC database dated February 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 7, Loves Lane, Oakham is in very good condition we estimate a sale value of £292,513 and a rental value of £1,125 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,083 and a rental value of £997 per month.
Over the last 12 months the sale value of 7 Loves Lane Oakham has decreased by an estimated £15,425 (5.5%) and its rental value has increased by an estimated £5 per month (0.5%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 7, Loves Lane, Oakham sits on a plot of 276m2.
We have plot size data on 8 out of 16 other houses in the postcode and 7, Loves Lane, Oakham sits on the 2nd largest plot.
7, Loves Lane, Oakham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Feb 2020.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Loves Lane, Oakham was last sold on 1st February 2023 for £308,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2023, the market for similar properties has dropped 9.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Loves Lane, Oakham within a radius of 5.2 kilometres over the last 2 years.
The most recent example is 18, Crocket Lane, Oakham, LE15 8PW, a freehold house which sold for £275,000 on the 9th December 2022.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Loves Lane, Empingham, Oakham, LE15 has a total of 16 addresses. According to our analysis of all the public data, 7, Loves Lane, Oakham is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in LE15.
The closest station to 7, Loves Lane, Oakham is Stamford (Lincs) station which is 7.9 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 7, Loves Lane, Oakham, 35.1% of property is privately owned outright and 26.1% 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 7, Loves Lane, Oakham, 16.8% of residents are recorded as possessing school level qualifications and 37.2% 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 7, Loves 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 7, Loves Lane, Oakham, 1.4% 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 7, Loves Lane, Oakham, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
