2, OAKWOOD CLOSE, HULL, HU5 5YG - £300,000

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.

2 OAKWOOD CLOSE is a very large extended detached house of 132m², built sometime between 1983 and 1990, which could now be worth an estimated £398,989. It was last sold for £300,000 in June 2018, which was around 17% above the average June 2018 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

2 OAKWOOD CLOSE Sold Prices

Land registry data shows three sales for 2 OAKWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the three 2 OAKWOOD CLOSE 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
2018 14 JUN	£300,000	£256,519	17% above HPI
2007 23 JAN	£248,500	£219,863	13% above HPI
2002 29 NOV	£173,000	£134,699	28% above HPI

2 OAKWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Riding of Yorkshire local authority area over time, sourced from the HPI. The three 2 OAKWOOD CLOSE sales between November 2002 and June 2018 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 January 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2018 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 2 OAKWOOD CLOSE be worth now?

2 OAKWOOD CLOSE might now be worth an estimated £398,989.

This is based on house price inflation of 33%, between June 2018 and February 2025, for detached houses, in the East Riding of Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33% inflationary increase is applied to the most recent sale price for 2 OAKWOOD CLOSE of £300,000 on 14th June 2018. For the value to have increased from £300,000 to £398,989 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 2 OAKWOOD CLOSE has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The June 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKWOOD CLOSE has not materially changed since June 2018.

How Large is 2 OAKWOOD CLOSE?

2 OAKWOOD CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 20% of detached houses houses in Kingston upon Hull, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kingston upon Hull, and where 2 OAKWOOD CLOSE lies on this distribution: 83% of detached houses houses are smaller than 2 OAKWOOD CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Kingston upon Hull.

2 OAKWOOD CLOSE: Plot and Title Map

2 OAKWOOD CLOSE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 2 OAKWOOD CLOSE, 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 OAKWOOD CLOSE). 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 OAKWOOD CLOSE?

2 OAKWOOD CLOSE is located in HULL, in the HU5 postcode district. The below map shows the position of No. 2 on OAKWOOD CLOSE.