4 Spey Drive, Oakham, LE15 6JP is a freehold detached property built between 1976-1982. The property offers approximately 1,001 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £373,588 , which equates to approximately £373 per square foot. It was last sold on 22 Apr 2024 for £365,000. Since then, the value has increased by £8,588, representing a 2.4% increase, or approximately 1.4% per year.

The current estimated value of £373,588 is:

  • 4.3% lower than the average property price on Spey Drive
  • 15.4% lower than the average in the LE15 6JP postcode area
  • and 12.0% higher 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 27 October 2023, the property was recorded as owner-occupied.

View sold house prices in LE15 6JP

Building approximate location

About Property

Type
Detached Bungalow
Built
1976-1982
Interior Size
1001 sq ft
Tenure
Freehold
Price (estimate)
£373,588
Price Per sq ft (estimate)
£373
Bedroom Count (estimate)
3 bedrooms

EPC Summary

4 Spey Drive, Oakham, Rutland, LE15 6JP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 27 Oct 2023.

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 12 Apr 2012, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 40%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from poor to good.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, limited insulation (assumed), changing energy efficiency from good to poor.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, partial insulation (assumed), improving energy efficiency from poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, limited insulation (assumed)
Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LE15 6JP

7 th / 10
Price Rank
15% lower than average
5 th / 8
Size Rank
19% smaller than average
2 nd / 8
Price Per Sq FT Rank
4% higher than average

Compared to other properties in LE15 6JP , this bungalow's estimated value ranks 7th out of 10. Based on price per square foot, it ranks 2nd out of 8 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 5th out of 8 properties in its postcode area.

Sale History

Today
£373,588
streetscan.co.uk estimate
+2 %
22 Apr 2024
£365,000
Leasehold
+82.5 %
12 Jul 2013
£200,000
Leasehold
-7.8 %
26 Oct 2005
£217,000
Leasehold
+178.2 %
19 Sep 1996
£78,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 947 sq ft
sale price: £330,000
sale date: 7 Nov 2022
rooms: 5
size: 1071 sq ft
sale price: £350,000
sale date: 25 Jan 2019
rooms: 4
size: 958 sq ft
sale price: £212,500
sale date: 25 Jun 2014

Data Sources

The property at 4 Spey Drive, Oakham, LE15 6JP appears four times in the Land Registry records, with the latest transaction recorded on 22 Apr 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Oct 2023. 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.