3 Derwent Drive, Oakham, LE15 6RZ is a freehold detached property built between 1950-1966. The property offers approximately 1,206 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £346,739 , which equates to approximately £288 per square foot. It was last sold on 6 Dec 2023 for £375,000. Since then, the value has decreased by £28,261, representing a 7.5% decrease, or approximately 3.7% per year.

The current estimated value of £346,739 is:

  • 14.7% higher than the average property price on Derwent Drive
  • 8.5% lower than the average in the LE15 6RZ postcode area
  • and 3.9% higher than the average price for Oakham as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). 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 11 January 2025, the property was recorded as owner-occupied.

View sold house prices in LE15 6RZ

Building approximate location

About Property

Type
Detached Bungalow
Built
1950-1966
Interior Size
1206 sq ft
Tenure
Freehold
Price (estimate)
£346,739
Price Per sq ft (estimate)
£288
Bedroom Count (estimate)
4 bedrooms

EPC Summary

3 Derwent Drive, Oakham, Rutland, LE15 6RZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 11 Jan 2025.

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 18 Jul 2023, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 4.5%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 270 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 94% of fixed outlets to low energy lighting in 68% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 270 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 68% of fixed outlets
Good

Sale History

Today
£346,739
streetscan.co.uk estimate
-8 %
6 Dec 2023
£375,000
Leasehold
+56 %
11 Mar 2011
£240,321
Leasehold
+10.5 %
14 May 2010
£217,500
Leasehold
+219.9 %
25 Oct 1996
£67,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1238 sq ft
sale price: £375,000
sale date: 28 Sep 2021
rooms: 6
size: 1163 sq ft
sale price: £250,000
sale date: 12 Jun 2017
rooms: 5
size: 1141 sq ft
sale price: £287,500
sale date: 9 Apr 2021
rooms: 5
size: 1098 sq ft
sale price: £345,000
sale date: 4 Dec 2020
rooms: 6
size: 1345 sq ft
sale price: £222,500
sale date: 4 Feb 2015

Data Sources

The property at 3 Derwent Drive, Oakham, LE15 6RZ appears four times in the Land Registry records, with the latest transaction recorded on 6 Dec 2023. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Jan 2025. 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.