1 Oakham Road

    1, OAKHAM ROAD, SOMERBY, MELTON MOWBRAY, LE14 2QF

    This semi-detached freehold property on Oakham Road last sold in March 2023 for £425,000. Based on price growth in the LE14 district since then, its estimated current value is £452,468 — placing it in the 74th percentile nationally and the 66th percentile within LE14. The property covers 139 m² (1,496 sq ft), giving an estimated value of £3,255 per m². The EPC rating is B, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,496 sq ft

    139 m²

    Last Sale Price

    £425,000

    Mar 2023

    Estimated Valuation

    £452,468

    Est. £/sq ft

    £302/sq ft

    £3,255/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formDetached
    Construction age2023
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area1,496 sq ft (139 m²)
    EPC dateMay 2023
    WallsAverage thermal transmittance 0.19 W/m
    HeatingAir source heat pump, radiators and underfloor, electric

    Transaction History

    24 Mar 2023

    £425,000

    Key Metrics

    Estimated valuation£452,468
    Value per sq ft / m²£302/sq ft (£3,255/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE14 district percentile66th percentile
    National percentile74th percentile

    District Context — LE14

    LE14 covers parts of south Leicestershire, including the market towns and villages around Melton Mowbray and the surrounding rural areas. It is a predominantly mature, affluent community with strong owner-occupation and a character shaped by farming heritage and country living.

    Average Property Price - LE14

    £403,241

    67

    National percentile

    Average Net Household Income - LE14

    £43,865

    72

    National percentile

    10-Year Annualised Price Growth - LE14

    3.6%

    51

    National percentile

    10-Year Annualised Rent Growth - LE

    4.9%

    93

    National percentile

    View full analysis for LE14

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