114 Welland Way, Oakham, LE15 6SZ is a freehold semi-detached property built between 1967-1975. The property offers approximately 592 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £255,019 , which equates to approximately £431 per square foot. It was last sold on 12 Jun 2020 for £205,000. Since then, the value has increased by £50,019, representing a 24.4% increase, or approximately 4.4% per year.

The current estimated value of £255,019 is:

  • 14.6% lower than the average property price on Welland Way
  • 19.0% lower than the average in the LE15 6SZ postcode area
  • and 23.6% lower than the average price for Oakham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 24 September 2016, the property was recorded as owner-occupied.

View sold house prices in LE15 6SZ

Building approximate location

About Property

Type
Semi-Detached House
Built
1967-1975
Interior Size
592 sq ft
Tenure
Freehold
Price (estimate)
£255,019
Price Per sq ft (estimate)
£431
Bedroom Count (estimate)
1 bedroom

EPC Summary

114 Welland Way, Oakham, Rutland, LE15 6SZ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 24 Sep 2016.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 22 Jun 2015, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 25.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 25 mm loft insulation, changing energy efficiency from average to poor.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from average to poor.
  • The lighting was changed from low energy lighting in 38% of fixed outlets to low energy lighting in 25% of fixed outlets, with no change in efficiency (average).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 25 mm loft insulation
Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 25% of fixed outlets
Average

Compared to LE15 6SZ

25 th / 29
Price Rank
19% lower than average
20 th / 21
Size Rank
38% smaller than average
3 rd / 21
Price Per Sq FT Rank
31% higher than average

Compared to other properties in LE15 6SZ , this house's estimated value ranks 25th out of 29. Based on price per square foot, it ranks 3rd out of 21 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 20th out of 21 properties in its postcode area.

Sale History

Today
£255,019
streetscan.co.uk estimate
+24 %
12 Jun 2020
£205,000
Leasehold
+18.5 %
6 Nov 2015
£173,000
Leasehold
+87 %
17 Jan 2003
£92,500
Leasehold
+81.4 %
5 Nov 1999
£51,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 657 sq ft
sale price: £55,000
sale date: 15 Oct 1999

Data Sources

The property at 114 Welland Way, Oakham, LE15 6SZ appears four times in the Land Registry records, with the latest transaction recorded on 12 Jun 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Sep 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.