Herdwick Barn Back Lane

    HERDWICK BARN, BACK LANE, MORCOTT, OAKHAM, LE15 9DG

    This detached freehold property on Back Lane last sold in August 2023 for £1,025,000. Based on price growth in the LE15 district since then, its estimated current value is £995,306 — placing it in the 96th percentile nationally and the 95th percentile within LE15. The property covers 236 m² (2,540 sq ft), giving an estimated value of £4,217 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,540 sq ft

    236 m²

    Last Sale Price

    £1,025,000

    Aug 2023

    Estimated Valuation

    £995,306

    Est. £/sq ft

    £392/sq ft

    £4,217/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2022
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area2,540 sq ft (236 m²)
    EPC dateJul 2023
    WallsAverage thermal transmittance 0.22 W/m²K
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    4 Aug 2023

    £1,025,000

    Key Metrics

    Estimated valuation£995,306
    Value per sq ft / m²£392/sq ft (£4,217/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE15 district percentile95th percentile
    National percentile96th percentile

    District Context — LE15

    LE15 covers the market town of Oakham and surrounding villages in Rutland, in the East Midlands. It is a well-established residential area with a solid reputation for schools and community amenities.

    Average Property Price - LE15

    £411,171

    69

    National percentile

    Average Net Household Income - LE15

    £48,556

    85

    National percentile

    10-Year Annualised Price Growth - LE15

    3.6%

    51

    National percentile

    10-Year Annualised Rent Growth - LE

    4.9%

    93

    National percentile

    View full analysis for LE15

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