OAKWOOD, MARRIOTS GATE, LUTTON, SPALDING, PE12 9HN - £305,000

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

OAKWOOD is a very large detached house of 173m², built sometime between 1976 and 1982. It was last sold for £305,000 in May 2019, which was around 31% above the average May 2019 detached price in the South Holland local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was D.

OAKWOOD Sold Prices

Land registry data shows two sales for OAKWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Both of the two OAKWOOD sales 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
2019 13 MAY	£305,000	£233,156	31% above HPI
2005 6 MAY	£200,000	£170,603	17% above HPI

OAKWOOD 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 two OAKWOOD sales from May 2005 and May 2019 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 May 2005 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2019 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is OAKWOOD?

OAKWOOD is 173m² according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses in Lutton, based on EPC data. The below chart shows the distribution of detached houses by size in Lutton, and where OAKWOOD lies on this distribution: 90% of detached houses are smaller than OAKWOOD, and 10% of houses are larger. Note that EPC data is not available for all properties in Lutton.

OAKWOOD: Plot and Title Map

OAKWOOD sits on a plot of roughly 0.698 of an acre, or 2,824m². The below map shows the location of OAKWOOD, 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 OAKWOOD). 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 OAKWOOD?

OAKWOOD is located on MARRIOTS GATE in LUTTON, in the PE12 postcode district. The below map shows the position of OAKWOOD on MARRIOTS GATE.