Millers Barn, Oakham
Millers Barn, Oakham
Description & Estimates
Millers Barn, Oakham is recorded publicly as a modern freehold house across 2,220 ft2 of internal area, sitting on a 1,182 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Millers Barn, Oakham is £760,458 and its rental estimate is £2,014 per month, given the available information and assuming reasonable condition.
Main Street, Barrow, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
Millers Barn, Oakham has 21 entries in the Land Registry , most recently in November 2009 and a single entry in the EPC database dated June 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 Millers Barn, Oakham, we estimate a market value of £798,481 and a rental value of £2,115 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £707,226 and £1,873 per month respectively.
Recent Market Change
Over the last year, Millers Barn, Oakham has seen its estimated sale value decrease by £20,494 (2.7%) and its estimated rental value grow by £28 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 Millers Barn, Oakham as measuring 1,182 m2.
That makes it the 13th largest plot in the postcode, where 33 of the 38 other houses have recorded plot data.
Energy Efficiency
Millers Barn, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jun 2009.
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 Millers Barn, Oakham completed on 5th November 2009 at £485,000 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 90.6% over the period since November 2009.
- Sold Nov 2009£485,000
- Sold Aug 2004£476,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Millers Barn, Oakham have sold within a radius of 4.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th May 2020, was Church House, Main Street, Oakham, LE15 7PE, a freehold house which sold for £360,000.
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 40 addresses on Main Street, Barrow, Oakham, LE15, Millers Barn, Oakham comes out as the 7th largest and the 5th most expensive in our analysis of the public data.
It is also £380k more expensive than the average property across the LE15 district.
More reading links
Schools Nearby
- 1.7kmSt Nicholas Church of England Primary School
- 2.0kmCottesmore Academy
- 5.4kmSouth Witham Academy
- 7.1kmCatmose College
- 12.6kmCasterton College Rutland
- 14.6kmCharles Read Academy
More reading links
Public Transport Nearby
From Millers Barn, Oakham, the nearest station is Oakham, 7.0 kilometres away.
- 7.0kmOakham
- 14.2kmMelton Mowbray
- 16.2kmStamford (Lincs)
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.
