7, OAKFIELD LANE, HEMINGBROUGH, SELBY, YO8 6RH - £275,000

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

7 OAKFIELD LANE is a midsized detached house of 118m², built sometime between 2003 and 2006. It was last sold for £275,000 in January 2021, which was around 23% below the average January 2021 detached price in the North Yorkshire local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

7 OAKFIELD LANE Sold Prices

Land registry data shows three sales for 7 OAKFIELD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. All of the three 7 OAKFIELD LANE 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 11 JAN	£275,000	£356,713	23% below HPI
2006 15 SEP	£223,000	£273,351	18% below HPI
2004 30 JUN	£210,500	£233,534	10% below HPI

7 OAKFIELD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The three 7 OAKFIELD LANE sales between June 2004 and January 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 September 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 7 OAKFIELD LANE?

7 OAKFIELD LANE is 118m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 50% of detached houses in Hemingbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Hemingbrough, and where 7 OAKFIELD LANE lies on this distribution: 41% of detached houses are smaller than 7 OAKFIELD LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Hemingbrough.

7 OAKFIELD LANE: Plot and Title Map

7 OAKFIELD LANE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 7 OAKFIELD LANE, 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 7 OAKFIELD LANE). 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 7 OAKFIELD LANE?

7 OAKFIELD LANE is located in HEMINGBROUGH, in the YO8 postcode district. The below map shows the position of No. 7 on OAKFIELD LANE.