OAK TREE HOUSE, ROSEFIELDS, GAINSBOROUGH, DN21 1GE - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OAK TREE HOUSE is a large detached house of 117m², built sometime between 1996 and 2002, which could now be worth an estimated £474,274. It was last sold for £325,000 in October 2015, which was around 63% above the average October 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

OAK TREE HOUSE Sold Prices

Land registry data shows three sales for OAK TREE HOUSE 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 OAK TREE HOUSE 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
2015 29 OCT	£325,000	£199,488	63% above HPI
2001 31 JAN	£165,000	£80,633	105% above HPI
2000 22 AUG	£25,000	£75,134	67% below HPI

OAK TREE HOUSE 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 OAK TREE HOUSE sales between August 2000 and October 2015 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 2001 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the October 2015 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might OAK TREE HOUSE be worth now?

OAK TREE HOUSE might now be worth an estimated £474,274.

This is based on house price inflation of 45.9%, between October 2015 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.9% inflationary increase is applied to the most recent sale price for OAK TREE HOUSE of £325,000 on 29th October 2015. For the value to have increased from £325,000 to £474,274 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of OAK TREE HOUSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The October 2015 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of OAK TREE HOUSE has not materially changed since October 2015.

How Large is OAK TREE HOUSE?

OAK TREE HOUSE is 117m² according to the EPC inspection conducted in July 2010. This puts it in the largest 40% of detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gainsborough, and where OAK TREE HOUSE lies on this distribution: 67% of detached houses houses are smaller than OAK TREE HOUSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

OAK TREE HOUSE: Plot and Title Map

OAK TREE HOUSE sits on a plot of roughly 0.267 of an acre, or 1,079m². The below map shows the location of OAK TREE HOUSE, 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 OAK TREE HOUSE). 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 OAK TREE HOUSE?

OAK TREE HOUSE is located on ROSEFIELDS in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of OAK TREE HOUSE on ROSEFIELDS.