4, OAKLANDS, WOODHALL SPA, LN10 6TR - £119,950

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.

4 OAKLANDS is a very small detached house of 49m², built sometime between 1983 and 1990, which could now be worth an estimated £131,517. It was last sold for £119,950 in November 2021, which was around 54% below the average November 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2024, where the current energy rating was E, and the potential energy rating was B.

4 OAKLANDS Sold Prices

Land registry data shows four sales for 4 OAKLANDS 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. All of the four 4 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
2021 3 NOV	£119,950	£261,076	54% below HPI
2020 7 AUG	£115,000	£222,944	48% below HPI
2014 15 APR	£85,000	£173,700	51% below HPI
2003 1 AUG	£70,000	£137,502	49% below HPI

4 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 four 4 OAKLANDS sales between August 2003 and November 2021 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 August 2020 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the November 2021 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 4 OAKLANDS be worth now?

4 OAKLANDS might now be worth an estimated £131,517.

This is based on house price inflation of 9.6%, between November 2021 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.6% inflationary increase is applied to the most recent sale price for 4 OAKLANDS of £119,950 on 3rd November 2021. For the value to have increased from £119,950 to £131,517 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 OAKLANDS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2021 sale price of £119,950 represented a fair market value for the property.
• The size, condition, and specification of 4 OAKLANDS has not materially changed since November 2021.

How Large is 4 OAKLANDS?

4 OAKLANDS is 49m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% of detached houses houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodhall Spa, and where 4 OAKLANDS lies on this distribution: Less than 1% of detached houses houses are smaller than 4 OAKLANDS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

4 OAKLANDS: Plot and Title Map

4 OAKLANDS sits on a plot of roughly 2.0 acres, or 7,914m². The below map shows the location of 4 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 4 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 4 OAKLANDS?

4 OAKLANDS is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 4 on OAKLANDS.