5, OAK CLOSE, WOODHALL SPA, LN10 6YE - £335,000

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

5 OAK CLOSE is a small detached house of 108m², built sometime between 1983 and 1990. It was last sold for £335,000 in March 2018, which was around 62% above the average March 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

5 OAK CLOSE Sold Prices

Land registry data shows two sales for 5 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 East Lindsey local authority area for the corresponding sale date. Both of the two 5 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
2018 29 MAR	£335,000	£207,278	62% above HPI
2017 27 JAN	£250,000	£198,825	26% above HPI

5 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 two 5 OAK CLOSE sales from January 2017 and March 2018 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 January 2017 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2018 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 5 OAK CLOSE?

5 OAK CLOSE is 108m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 40% 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 5 OAK CLOSE lies on this distribution: 37% of detached houses are smaller than 5 OAK CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

5 OAK CLOSE: Plot and Title Map

5 OAK CLOSE sits on a plot of roughly 0.216 of an acre, or 873m². The below map shows the location of 5 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 5 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 5 OAK CLOSE?

5 OAK CLOSE is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 5 on OAK CLOSE.