Cedar House, Oakham
Cedar House, Oakham
Description & Estimates
Cedar House, Oakham is recorded publicly as a modern freehold house across 3,864 ft2 of internal area, sitting on a 3,145 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Cedar House, Oakham is £999,447 and its rental estimate is £2,648 per month, given the available information and assuming reasonable condition.
Wing Road, Manton, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
Cedar House, Oakham has 21 entries in the Land Registry , most recently in May 2016 and a single entry in the EPC database dated August 2021.
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 Cedar House, Oakham, we estimate a market value of £1,049,419 and a rental value of £2,780 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £929,486 and £2,462 per month respectively.
Recent Market Change
Over the last year, Cedar House, Oakham has seen its estimated sale value decrease by £26,934 (2.7%) and its estimated rental value grow by £36 per month (1.4%). This results in an estimated gross rental yield of 3.2%.
Plot Size
HM Land Registry records the plot of land for Cedar House, Oakham as measuring 3,145 m2.
That makes it the largest plot in the postcode, where all 9 other houses have recorded plot data.
Energy Efficiency
Cedar House, Oakham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Aug 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
Sold Prices
The most recent sale of Cedar House, Oakham completed on 6th May 2016 at £730,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 30.9% over the period since May 2016.
- Sold May 2016£730,000
- Sold Jul 1999£285,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Cedar House, Oakham have sold within a radius of 4.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st January 2016, was 6A, Reeves Lane, Oakham, LE15 8SD, a freehold house which sold for £640,000.
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 Wing Road, Manton, Oakham, LE15, Cedar House, Oakham comes out as the largest and the most expensive in our analysis of the public data.
It is also £619k more expensive than the average property across the LE15 district.
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Schools Nearby
- 4.3kmEdith Weston Academy
- 4.4kmBrooke Hill Academy
- 4.5kmUppingham Church of England Primary School
- 5.6kmUppingham Community College
- 5.6kmCatmose College
- 13.2kmCasterton College Rutland
More reading links
Public Transport Nearby
From Cedar House, Oakham, the nearest station is Oakham, 5.4 kilometres away.
- 5.4kmOakham
- 14.9kmStamford (Lincs)
- 15.6kmCorby
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.
