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 OAKLANDS is a very small detached house of 49m², built sometime between 1983 and 1990. It was last sold for £119,950 in November 2021, which was around 53% 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.
Land registry data shows four sales for 4 OAKLANDS since 1st 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 | £257,326 | 53% below HPI |
2020 7 AUG | £115,000 | £219,742 | 48% below HPI |
2014 15 APR | £85,000 | £171,205 | 50% below HPI |
2003 1 AUG | £70,000 | £135,527 | 48% below HPI |
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 53% below the HPI. The line then continues to track at 53% below the HPI.
4 OAKLANDS is 49m² according to the EPC inspection conducted in February 2024. 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 4 OAKLANDS lies on this distribution: Less than 1% of detached 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 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.
4 OAKLANDS is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 4 on OAKLANDS.