Lantern Cottage, Oakham
Lantern Cottage, Oakham
Description & Estimates
According to the public record, Lantern Cottage, Oakham is a freehold house that sits on a 734 m2 plot.
By comparing it to neighbours, we estimate that it is a period house with 1,698 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Lantern Cottage, Oakham is £635,298 and the estimated rental value is £1,639 per month.
Top Street, Wing, Oakham, LE15 is located within the LE15 postal district.
Our Data Sources
Lantern Cottage, Oakham has 31 entries in the Land Registry , most recently in October 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 Lantern Cottage, Oakham is in very good condition we estimate a sale value of £667,063 and a rental value of £1,720 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £590,827 and a rental value of £1,524 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Lantern Cottage, Oakham has declined by £13,772 (2.2%), while its estimated rental value has climbed by £36 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 3.1%.
Plot Size
According to data from HM Land Registry, Lantern Cottage, Oakham sits on a plot of 734 m2.
We have plot size data on 19 out of 25 other houses in the postcode and Lantern Cottage, Oakham sits on the 7th largest plot.
Sold Prices
According to HM Land Registry, Lantern Cottage, Oakham was last sold on 2nd October 2020 for £600,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2020, the market for similar properties has risen by 0.9%.
- Sold Oct 2020£600,000
- Sold May 2012£435,000
- Sold Sep 2001£275,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lantern Cottage, Oakham within a radius of 4.0 kilometres over the last 2 years.
The most recent example is 8, Middle Street, Oakham, LE15 8RZ, a freehold house which sold for £725,000 on the 30th August 2024.
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
Top Street, Wing, Oakham, LE15 has a total of 25 addresses. According to our analysis of all the public data, Lantern Cottage, Oakham is the 10th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £255k more expensive than the average property in LE15.
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Schools Nearby
- 3.8kmEdith Weston Academy
- 4.1kmUppingham Church of England Primary School
- 4.2kmSt Mary and St John CofE VA Primary School
- 4.9kmUppingham Community College
- 7.2kmCatmose College
- 12.4kmCorby Business Academy
More reading links
Public Transport Nearby
The closest station to Lantern Cottage, Oakham is Oakham station, which is 7.0 kilometres away.
- 7.0kmOakham
- 14.1kmStamford (Lincs)
- 14.3kmCorby
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
