2, OAK COURT, LINCOLN, LN6 8SF - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 OAK COURT is a large extended detached house of 121m², built sometime from 2007 onwards. It was last sold for £260,000 in January 2015, which was around 28% above the average January 2015 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

2 OAK COURT Sold Prices

Land registry data shows two sales for 2 OAK COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 2 OAK COURT sales were for above 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
2015 16 JAN	£260,000	£203,179	28% above HPI
2011 15 SEP	£230,000	£173,724	32% above HPI

2 OAK COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 2 OAK COURT sales from September 2011 and January 2015 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 September 2011 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the January 2015 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 2 OAK COURT?

2 OAK COURT is 121m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 2 OAK COURT lies on this distribution: 70% of detached houses are smaller than 2 OAK COURT, and 29% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

2 OAK COURT: Plot and Title Map

2 OAK COURT sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 2 OAK COURT, 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 2 OAK COURT). 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 2 OAK COURT?

2 OAK COURT is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 2 on OAK COURT.