4, OAK CLOSE, WOODHALL SPA, LN10 6YE - £360,000

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 very large extended detached house of 163m², built sometime between 1976 and 1982. It was last sold for £360,000 in March 2023, which was around 27% above the average March 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

4 OAK CLOSE Sold Prices

Land registry data shows four sales for 4 OAK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the four 4 OAK 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
2023 7 MAR	£360,000	£282,466	27% above HPI
2009 12 FEB	£122,000	£166,529	27% below HPI
2002 9 JUL	£185,000	£101,518	82% above HPI
1997 11 DEC	£105,000	£61,463	71% above HPI

4 OAK CLOSE 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 four 4 OAK CLOSE sales between December 1997 and March 2023 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 February 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2023 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 4 OAK CLOSE?

4 OAK CLOSE is 163m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 20% 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 4 OAK CLOSE lies on this distribution: 80% of detached houses are smaller than 4 OAK CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

4 OAK CLOSE: Plot and Title Map

4 OAK CLOSE sits on a plot of roughly 0.237 of an acre, or 961m². 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 WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 4 on OAK CLOSE.