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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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13B, Chapel Lane, Oakham is recorded publicly as a modern freehold house across 1,517 ft2 of internal area, sitting on a 597 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 13B, Chapel Lane, Oakham is £620,955 and its rental estimate is £1,660 per month, given the available information and assuming reasonable condition.
Chapel Lane, Barrowden, Oakham, LE15 falls within the LE15 postal district.
13B, Chapel Lane, Oakham has a single entry in the Land Registry from November 2018 and a single entry in the EPC database dated November 2018.
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.
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 13B, Chapel Lane, Oakham, we estimate a market value of £652,003 and a rental value of £1,744 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £577,488 and £1,544 per month respectively.
Over the last year, 13B, Chapel Lane, Oakham has seen its estimated sale value decrease by £13,461 (2.2%) and its estimated rental value grow by £36 per month (2.2%). This results in an estimated gross rental yield of 3.2%.
HM Land Registry records the plot of land for 13B, Chapel Lane, Oakham as measuring 597 m2.
That makes it the 6th largest plot in the postcode, where 18 of the 25 other houses have recorded plot data.
13B, Chapel Lane, Oakham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Nov 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 13B, Chapel Lane, Oakham completed on 30th November 2018 at £500,000 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 dropped by 3.2% over the period since November 2018.
Over the past 2 years 3 properties similar to 13B, Chapel Lane, Oakham have sold within a radius of 5.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th February 2024, was 4, Dovecote Close, Oakham, LE15 8ET, a freehold house which sold for £466,000.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 25 addresses on Chapel Lane, Barrowden, Oakham, LE15, 13B, Chapel Lane, Oakham comes out as the 19th largest and the 14th most expensive in our analysis of the public data.
It is also £241k more expensive than the average property across the LE15 district.
From 13B, Chapel Lane, Oakham, the nearest station is Stamford (Lincs), 10.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 13B, Chapel Lane, Oakham, 57.6% of property is privately owned outright and 25.4% 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 13B, Chapel Lane, Oakham, 14.7% of residents are recorded as possessing school level qualifications and 54.1% 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 13B, Chapel Lane, Oakham, the average age was 47 and the most common age was 72.
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 13B, Chapel Lane, Oakham, 2.7% 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 13B, Chapel Lane, Oakham, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
