7, OAKTREE CLOSE, GOSBERTON, SPALDING, PE11 4LT - £154,000

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

7 OAKTREE CLOSE is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £154,000 in August 2006, which was around 17% below the average August 2006 detached price in the South Holland local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

7 OAKTREE CLOSE Sold Prices

Land registry data shows three sales for 7 OAKTREE 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 South Holland local authority area for the corresponding sale date. One of the three 7 OAKTREE CLOSE sales was for below the average price, whilst two 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
2006 3 AUG	£154,000	£184,922	17% below HPI
1999 15 JAN	£67,950	£64,385	6% above HPI
1995 7 AUG	£57,500	£52,857	9% above HPI

7 OAKTREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The three 7 OAKTREE CLOSE sales between August 1995 and August 2006 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 1999 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2006 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 OAKTREE CLOSE?

7 OAKTREE CLOSE is 76m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of detached houses in Gosberton, based on EPC data. The below chart shows the distribution of detached houses by size in Gosberton, and where 7 OAKTREE CLOSE lies on this distribution: 18% of detached houses are smaller than 7 OAKTREE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

7 OAKTREE CLOSE: Plot and Title Map

7 OAKTREE CLOSE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 7 OAKTREE 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 7 OAKTREE 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 7 OAKTREE CLOSE?

7 OAKTREE CLOSE is located in GOSBERTON, in the PE11 postcode district. The below map shows the position of No. 7 on OAKTREE CLOSE.