62, OAKFIELD, SAXILBY, LINCOLN, LN1 2QW - £274,000

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

62 OAKFIELD is a small extended detached house of 94m², built sometime between 1976 and 1982. It was last sold for £274,000 in September 2021, which was around 8% above the average September 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

62 OAKFIELD Sold Prices

Land registry data shows four sales for 62 OAKFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Most of the four 62 OAKFIELD 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 20 SEP	£274,000	£252,547	8% above HPI
2020 20 MAR	£182,000	£225,880	19% below HPI
2014 10 JAN	£169,950	£190,386	11% below HPI
1995 24 MAY	£55,000	£60,611	9% below HPI

62 OAKFIELD 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 four 62 OAKFIELD sales between May 1995 and September 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 March 2020 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 62 OAKFIELD?

62 OAKFIELD is 94m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 30% of detached houses in Saxilby, based on EPC data. The below chart shows the distribution of detached houses by size in Saxilby, and where 62 OAKFIELD lies on this distribution: 28% of detached houses are smaller than 62 OAKFIELD, and 70% of houses are larger. Note that EPC data is not available for all properties in Saxilby.

62 OAKFIELD: Plot and Title Map

62 OAKFIELD sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 62 OAKFIELD, 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 62 OAKFIELD). 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 62 OAKFIELD?

62 OAKFIELD is located in SAXILBY, in the LN1 postcode district. The below map shows the position of No. 62 on OAKFIELD.