1A, New Field Road
1A, New Field Road
Description & Estimates
1A, New Field Road, Oakham is recorded publicly as a modern freehold house across 1,302 ft2 of internal area, sitting on a 352 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1A, New Field Road, Oakham is £502,118 and its rental estimate is £1,408 per month, given the available information and assuming reasonable condition.
New Field Road, Exton, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
1A, New Field Road, Oakham has a single entry in the Land Registry from August 2021 and a single entry in the EPC database dated January 2022.
We combine this information with that 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
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 1A, New Field Road, Oakham, we estimate a market value of £527,224 and a rental value of £1,479 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £466,970 and £1,310 per month respectively.
Recent Market Change
Over the last year, 1A, New Field Road, Oakham has seen its estimated sale value fall by £10,885 (2.2%) and its estimated rental value move up by £31 per month (2.2%). This results in an estimated gross rental yield of 3.4%.
Plot Size
HM Land Registry records the plot of land for 1A, New Field Road, Oakham as measuring 352 m2.
That makes it the 9th largest plot in the postcode, where 9 of the 10 other houses have recorded plot data.
Energy Efficiency
1A, New Field Road, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jan 2022.
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 1A, New Field Road, Oakham completed on 20th August 2021 at £250,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 1.2% over the period since August 2021.
- Sold Aug 2021£250,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1A, New Field Road, Oakham have sold within a radius of 4.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th February 2022, was 2, Church Farm Close, Oakham, LE15 8BZ, a freehold house which sold for £520,000.
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
Of the 10 addresses on New Field Road, Exton, Oakham, LE15, 1A, New Field Road, Oakham comes out as the 4th largest and the 6th most expensive in our analysis of the public data.
It is also £122k more expensive than the average property across the LE15 district.
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Schools Nearby
- 300mExton and Greetham CofE Primary School
- 3.7kmSt Nicholas Church of England Primary School
- 3.8kmEmpingham Church of England Primary School
- 7.7kmCatmose College
- 7.7kmCasterton College Rutland
- 10.6kmStamford Welland Academy
More reading links
Public Transport Nearby
From 1A, New Field Road, Oakham, the nearest station is Oakham, 7.4 kilometres away.
- 7.4kmOakham
- 11.1kmStamford (Lincs)
- 18.9kmMelton Mowbray
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.
