2, OLD OAK RISE, SKELLINGTHORPE, LINCOLN, LN6 5RD - £395,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 OLD OAK RISE is a very large extended detached house of 187m², built sometime between 2003 and 2006. It was last sold for £395,000 in May 2019, which was around 58% above the average May 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was C.

2 OLD OAK RISE Sold Prices

Land registry data shows two sales for 2 OLD OAK RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 2 OLD OAK RISE 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
2019 17 MAY	£395,000	£250,696	58% above HPI
1997 5 DEC	£131,500	£66,607	97% above HPI

2 OLD OAK RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 2 OLD OAK RISE sales from December 1997 and May 2019 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 December 1997 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the May 2019 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 2 OLD OAK RISE?

2 OLD OAK RISE is 187m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 10% of detached houses in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Skellingthorpe, and where 2 OLD OAK RISE lies on this distribution: 93% of detached houses are smaller than 2 OLD OAK RISE, and 6% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.

2 OLD OAK RISE: Plot and Title Map

2 OLD OAK RISE sits on a plot of roughly 0.223 of an acre, or 903m². The below map shows the location of 2 OLD OAK RISE, 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 OLD OAK RISE). 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 OLD OAK RISE?

2 OLD OAK RISE is located in SKELLINGTHORPE, in the LN6 postcode district. The below map shows the position of No. 2 on OLD OAK RISE.