6, OAKWOOD CLOSE, CHERRY WILLINGHAM, LINCOLN, LN3 4PT - £244,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 OAKWOOD CLOSE is a midsized detached house of 102m², built sometime between 1996 and 2002. It was last sold for £244,950 in September 2016, which was around 22% above the average September 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

6 OAKWOOD CLOSE Sold Prices

Land registry data shows three sales for 6 OAKWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Two of the three 6 OAKWOOD CLOSE sales were for above the average price, whilst one was 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
2016 16 SEP	£244,950	£201,570	22% above HPI
2011 2 DEC	£172,000	£175,698	2% below HPI
2002 3 OCT	£179,000	£112,995	58% above HPI

6 OAKWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 6 OAKWOOD CLOSE sales between October 2002 and September 2016 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 December 2011 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2016 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 6 OAKWOOD CLOSE?

6 OAKWOOD CLOSE is 102m² according to the EPC inspection conducted in July 2011. This puts it in the largest 50% of detached houses in Cherry Willingham, based on EPC data. The below chart shows the distribution of detached houses by size in Cherry Willingham, and where 6 OAKWOOD CLOSE lies on this distribution: 57% of detached houses are smaller than 6 OAKWOOD CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

6 OAKWOOD CLOSE: Plot and Title Map

6 OAKWOOD CLOSE sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of 6 OAKWOOD 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 6 OAKWOOD 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 6 OAKWOOD CLOSE?

6 OAKWOOD CLOSE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 6 on OAKWOOD CLOSE.