4, OAKTREE CLOSE, GOSBERTON, SPALDING, PE11 4LT - £205,000

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 OAKTREE CLOSE is a very small detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £205,977. It was last sold for £205,000 in September 2024, which was around 26% below the average September 2024 detached price in the South Holland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

4 OAKTREE CLOSE Sold Prices

Land registry data shows two sales for 4 OAKTREE 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 South Holland local authority area for the corresponding sale date. One of the two 4 OAKTREE CLOSE sales was for below the average price, whilst the other was roughly equal to 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 13 SEP	£205,000	£276,859	26% below HPI
1997 20 NOV	£59,500	£59,521	Close to HPI

4 OAKTREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The two 4 OAKTREE CLOSE sales from November 1997 and September 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 November 1997 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2024 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 4 OAKTREE CLOSE be worth now?

4 OAKTREE CLOSE might now be worth an estimated £205,977.

This is based on house price inflation of 0.5%, between September 2024 and February 2025, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% inflationary increase is applied to the most recent sale price for 4 OAKTREE CLOSE of £205,000 on 13th September 2024. For the value to have increased from £205,000 to £205,977 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 4 OAKTREE CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The September 2024 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OAKTREE CLOSE has not materially changed since September 2024.

How Large is 4 OAKTREE CLOSE?

4 OAKTREE CLOSE is 69m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 20% of detached houses houses in Gosberton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gosberton, and where 4 OAKTREE CLOSE lies on this distribution: 13% of detached houses houses are smaller than 4 OAKTREE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

4 OAKTREE CLOSE: Plot and Title Map

4 OAKTREE CLOSE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 4 OAKTREE 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 OAKTREE 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 OAKTREE CLOSE?

4 OAKTREE CLOSE is located in GOSBERTON, in the PE11 postcode district. The below map shows the position of No. 4 on OAKTREE CLOSE.