OAKVIEW, NORTHGATE, PINCHBECK, SPALDING, PE11 3TB - £310,000

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

OAKVIEW is a large extended detached house of 148m², built sometime between 1967 and 1975. It was last sold for £310,000 in June 2023, which was around 10% above the average June 2023 detached price in the South Holland local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was D.

OAKVIEW Sold Prices

Land registry data shows four sales for OAKVIEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Most of the four OAKVIEW 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 21 JUN	£310,000	£282,153	10% above HPI
2013 5 APR	£150,000	£161,486	7% below HPI
2002 8 MAR	£95,000	£100,218	5% below HPI
1997 21 JUN	£54,000	£57,940	7% below HPI

OAKVIEW 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 four OAKVIEW sales between June 1997 and June 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 April 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2023 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is OAKVIEW?

OAKVIEW is 148m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 30% of detached houses in Northgate, based on EPC data. The below chart shows the distribution of detached houses by size in Northgate, and where OAKVIEW lies on this distribution: 76% of detached houses are smaller than OAKVIEW, and 23% of houses are larger. Note that EPC data is not available for all properties in Northgate.

OAKVIEW: Plot and Title Map

OAKVIEW sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of OAKVIEW, 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 OAKVIEW). 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 OAKVIEW?

OAKVIEW is located on NORTHGATE in PINCHBECK, in the PE11 postcode district. The below map shows the position of OAKVIEW on NORTHGATE.