24, OAKLANDS, WOODHALL SPA, LN10 6TR - £155,000

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

24 OAKLANDS is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £155,000 in January 2024, which was around 43% below the average January 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

24 OAKLANDS Sold Prices

Land registry data shows three sales for 24 OAKLANDS 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 Lindsey local authority area for the corresponding sale date. All of the three 24 OAKLANDS 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
2024 26 JAN	£155,000	£274,202	43% below HPI
2021 25 MAY	£145,000	£235,278	38% below HPI
2015 24 JUL	£109,950	£181,933	40% below HPI

24 OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 24 OAKLANDS sales between July 2015 and January 2024 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 May 2021 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2024 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 24 OAKLANDS?

24 OAKLANDS is 66m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Woodhall Spa, and where 24 OAKLANDS lies on this distribution: 3% of detached houses are smaller than 24 OAKLANDS, and 97% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

24 OAKLANDS: Plot and Title Map

24 OAKLANDS sits on a plot of roughly 2.0 acres, or 7,914m². The below map shows the location of 24 OAKLANDS, 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 24 OAKLANDS). 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 24 OAKLANDS?

24 OAKLANDS is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 24 on OAKLANDS.