7, OAKFIELD, SAXILBY, LINCOLN, LN1 2QW - £249,000

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 is a small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £249,000 in April 2023, which was around 7% below the average April 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

7 OAKFIELD Sold Prices

Land registry data shows two sales for 7 OAKFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 7 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
2023 14 APR	£249,000	£268,944	7% below HPI
2007 2 JUL	£142,000	£190,724	26% below HPI

7 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 two 7 OAKFIELD sales from July 2007 and April 2023 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 July 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2023 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 7 OAKFIELD?

7 OAKFIELD is 89m², which includes one extension, according to the EPC inspection conducted in June 2017. 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 7 OAKFIELD lies on this distribution: 23% of detached houses are smaller than 7 OAKFIELD, and 76% of houses are larger. Note that EPC data is not available for all properties in Saxilby.

7 OAKFIELD: Plot and Title Map

7 OAKFIELD sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 7 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 7 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 7 OAKFIELD?

7 OAKFIELD is located in SAXILBY, in the LN1 postcode district. The below map shows the position of No. 7 on OAKFIELD.