4, OAK CLOSE, SUDBROOKE, LINCOLN, LN2 2RG - £218,000

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

4 OAK CLOSE is a large extended detached house of 155m², built sometime between 1950 and 1966. It was last sold for £218,000 in July 2007, which was around 14% above the average July 2007 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

4 OAK CLOSE Sold Prices

Land registry data shows two sales for 4 OAK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. One of the two 4 OAK CLOSE sales was for above the average price, whilst the other was 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
2007 26 JUL	£218,000	£190,724	14% above HPI
1998 20 JUN	£59,500	£68,791	14% below HPI

4 OAK CLOSE 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 two 4 OAK CLOSE sales from June 1998 and July 2007 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 June 1998 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2007 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 4 OAK CLOSE?

4 OAK CLOSE is 155m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 40% of detached houses in Sudbrooke, based on EPC data. The below chart shows the distribution of detached houses by size in Sudbrooke, and where 4 OAK CLOSE lies on this distribution: 70% of detached houses are smaller than 4 OAK CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Sudbrooke.

4 OAK CLOSE: Plot and Title Map

4 OAK CLOSE sits on a plot of roughly 0.213 of an acre, or 860m². The below map shows the location of 4 OAK 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 4 OAK 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 4 OAK CLOSE?

4 OAK CLOSE is located in SUDBROOKE, in the LN2 postcode district. The below map shows the position of No. 4 on OAK CLOSE.