Sold STC Terraced

14 NEW STREET

OAKHAM, RUTLAND LE15 6BA

2 beds 1 baths 527 sq ft Listed 3 Feb 2025 (-508d)

£179,950

Reduced on 13 May 2025

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Property details

Tenure

FREEHOLD

Floor area

49 m²

Council tax band

B

EPC rating

C

Year built

England and Wales: before 1900

Last sold

£179,000 Aug 2025

Price per m²

£3,672/m²

Local average

£295,432 (-39.1%)

Deprivation

Decile 6 (20,166 of 33,755)

Street crime

50 incidents within 1 mile (Apr 2026)

Key features

  • Well Presented Terraced Home
  • Two Double Bedrooms
  • Modern Ground Floor Shower Room
  • Low Maintenance Garden
  • Open Plan Kitchen & Dining Area
  • Easy Access to Town Centre & Train Station
  • Ideal First Home or Investment Opportunity
  • No Onward Chain

Additional details

Heating
Gas central
Parking
On street
Garden
Private garden
Listed property
No

Description

Set within the heart of Oakham’s bustling town centre, only a short walk from the train station and local amenities is this very well-presented home boasting an open plan kitchen & dining area, a separate living room, ground floor shower room and two double bedrooms. Creating an ideal first home, lock up and leave or investment opportunity, the property benefits from a low maintenance rear garden and access to on-street permit parking to the front. Internal viewings are strongly encouraged.
As you approach the property from the front, the uPvc front door leads into a cosy living area with a window looking over the street scene and a fireplace creating a focal point to the room. Exposed stone walls and beams retain the character of the property, whilst having a modern twist. The kitchen and dining area creates an ideal entertaining space with ample space for a table and chairs. The kitchen area is mainly fitted with wall and base units along with a built-in electric oven, halogen hob and space for two undercounter appliances. The ground floor is completed by a modern three-piece shower room, fitted with a walk-in shower, WC and basin. From the first floor landing, you have two spacious bedrooms, with characterful features.
The property sits on an easy-to-maintain plot within the centre of Oakham, the rear garden is easy to maintain with an area laid to decking and then a paved patio. A useful shed creates ideal storage and the garden is enclosed by timber fencing. Contact Newton Fallowell today for your first opportunity to view.
EPC rating: C. Tenure: Freehold,

Listed by

Oakham

The Property Franchise Group

Reference: 157708823

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 19/03/2019

Expiry date: 18/03/2029

Current heating cost: £415/year

Potential heating cost: £339/year

Est. upgrade cost to C: £21,675

Recommendations

  • Flat roof or sloping ceiling insulation (£850 - £1,500)
  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£5,000 - £8,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

EPC Graphs

EPC Certificate

EPC Certificate

EPC Graph

EPC Graph

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #11501981

Property Details

Street: 14 New Street

Town: OAKHAM

Postcode: LE15 6BA

Installation Details

Items: 5 windows and 1 door

Certificate Issued: 14/03/2016

Work Completed: 05/02/2016

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

277% since 1999

Event Date Price % change
Sold 22/08/2025 (10 months ago) £179,000 +13.3%
Sold 10/02/2020 (6 years ago) £158,000 +48.4%
Sold 16/10/2015 (10 years ago) £106,500 +119.6%
Sold 16/07/1999 (26 years ago) £48,500 +2.2%
Sold 28/05/1999 (27 years ago) £47,450

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
30 PENN STREET, OAKHAM, RUTLAND, LE15 6BB £232,500 19/12/2025 Terraced
30 PENN STREET, OAKHAM, RUTLAND, LE15 6BB £205,000 24/11/2023 Terraced
Same street 18 NEW STREET, OAKHAM, RUTLAND, LE15 6BA £220,000 23/06/2023 Terraced
18 FINKEY STREET, OAKHAM, RUTLAND, LE15 6AG £227,000 23/06/2023 Terraced
24 DEANS STREET, OAKHAM, RUTLAND, LE15 6AF £232,000 30/01/2023 Terraced
14 DEANS STREET, OAKHAM, RUTLAND, LE15 6AF £375,000 25/11/2022 Terraced
1 PENN STREET, OAKHAM, RUTLAND, LE15 6BB £263,500 17/11/2022 Terraced
53 DEANS STREET, OAKHAM, RUTLAND, LE15 6AF £185,000 07/11/2022 Terraced
36 PENN STREET, OAKHAM, RUTLAND, LE15 6BB £210,000 30/09/2022 Terraced
RUTLAND COURT 8 BRAUNSTON ROAD, OAKHAM, RUTLAND, LE15 6LG £165,000 19/08/2022 Terraced
Same street 25 NEW STREET, OAKHAM, RUTLAND, LE15 6BA £190,000 12/08/2022 Terraced
17 DEANS STREET, OAKHAM, RUTLAND, LE15 6AF £310,000 30/06/2022 Terraced
48A HIGH STREET, OAKHAM, RUTLAND, LE15 6AL £207,500 13/05/2022 Terraced
7 SOUTH STREET, OAKHAM, RUTLAND, LE15 6BG £197,000 25/04/2022 Terraced
18 THE SIDINGS, OAKHAM, RUTLAND, LE15 6RN £270,000 30/03/2022 Terraced
7 SOUTH STREET, OAKHAM, RUTLAND, LE15 6BG £190,000 25/02/2022 Terraced
52 NORTHGATE, OAKHAM, RUTLAND, LE15 6QS £180,000 17/12/2021 Terraced
27 FINKEY STREET, OAKHAM, RUTLAND, LE15 6AG £162,000 30/11/2021 Terraced
29 PENN STREET, OAKHAM, RUTLAND, LE15 6BB £235,000 26/11/2021 Terraced
23 PENN STREET, OAKHAM, RUTLAND, LE15 6BB £220,000 29/09/2021 Terraced
1 CUNNINGTON CLOSE, OAKHAM, RUTLAND, LE15 6AD £150,000 24/09/2021 Terraced
20 THE SIDINGS, OAKHAM, RUTLAND, LE15 6RN £144,000 14/09/2021 Terraced

Street average: £205,000 (2 sales)

Area average: £218,025 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 5.7%
10y growth 28.3%

House Price Index (HM Land Registry — official index, not sold-price averages): Rutland. Series: Terraced. As of March 2026.

1y (index) -3.6%
5y (index) 8.2%
10y (index) 39%

Rental Range

Estimated market rent for Rutland. Low = conservative, Realistic = average, Optimistic = best case.

Low £868/mo
Realistic £964/mo
Optimistic £1,060/mo

Based on Local Authority from postcode lookup → Rutland.

LHA (30th percentile) floor for Leicester: £648/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Bus Station 0.0 miles
Shop Baubles and Bangles 0.0 miles
Shop B&M 0.0 miles
Train station Oakham 0.2 miles
Hospital Rutland Memorial Hospital 0.3 miles
Bus stop Unknown 2.0 miles
Train station Central Station 6.7 miles
Hospital St Mary's Hospital 9.0 miles

Street-level crime

Category Count
Shoplifting 16
Violence and sexual offences 9
Anti-social behaviour 6
Other theft 6
Drugs 3
Criminal damage and arson 2
Other crime 2
Public order 2
Theft from the person 2
Possession of weapons 1
Vehicle crime 1
Total incidents 50

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Oakham School Other 0.2 miles (No rating)
Brooke Priory School Other 0.3 miles (No rating)
The Shires at Oakham Other 0.3 miles Good — 5 May 2022
Catmose College Secondary 0.4 miles Outstanding — 29 Apr 2024
Catmose Primary Primary 0.4 miles Good — 13 Mar 2013

Rental Comparables

Loading rental comparables for this postcode. Refresh in a few minutes.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.54%
Max investor price (0.8%) £120,500
Target investor price (1%) £96,400
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).