16, OAK TREE AVENUE, GAINSBOROUGH, DN21 1FF - £237,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 OAK TREE AVENUE is a small detached house of 98m², built sometime between 1996 and 2002, which could now be worth an estimated £239,686. It was last sold for £237,500 in July 2022, which was around 18% below the average July 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

16 OAK TREE AVENUE Sold Prices

Land registry data shows four sales for 16 OAK TREE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Most of the four 16 OAK TREE AVENUE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 22 JUL	£237,500	£288,459	18% below HPI
2019 18 OCT	£195,000	£234,730	17% below HPI
1998 16 JUN	£58,000	£69,792	17% below HPI
1995 1 NOV	£59,995	£59,172	1% above HPI

16 OAK TREE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 16 OAK TREE AVENUE sales between November 1995 and July 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2019 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 16 OAK TREE AVENUE be worth now?

16 OAK TREE AVENUE might now be worth an estimated £239,686.

This is based on house price inflation of 0.9%, between July 2022 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.9% inflationary increase is applied to the most recent sale price for 16 OAK TREE AVENUE of £237,500 on 22nd July 2022. For the value to have increased from £237,500 to £239,686 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 16 OAK TREE AVENUE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The July 2022 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 16 OAK TREE AVENUE has not materially changed since July 2022.

How Large is 16 OAK TREE AVENUE?

16 OAK TREE AVENUE is 98m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 40% of detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gainsborough, and where 16 OAK TREE AVENUE lies on this distribution: 40% of detached houses houses are smaller than 16 OAK TREE AVENUE, and 59% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

16 OAK TREE AVENUE: Plot and Title Map

16 OAK TREE AVENUE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 16 OAK TREE AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 OAK TREE AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 OAK TREE AVENUE?

16 OAK TREE AVENUE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 16 on OAK TREE AVENUE.