15, OAKFIELD, SAXILBY, LINCOLN, LN1 2QW - £233,000

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.

15 OAKFIELD is a very small extended detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £303,954. It was last sold for £233,000 in May 2019, which was around 3% above the average May 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

15 OAKFIELD Sold Prices

Land registry data shows four sales for 15 OAKFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Most of the four 15 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
2019 14 MAY	£233,000	£225,499	3% above HPI
2017 14 SEP	£178,000	£219,976	19% below HPI
2017 30 JUN	£185,000	£218,080	15% below HPI
2014 17 APR	£165,000	£186,191	11% below HPI

15 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 four 15 OAKFIELD sales between April 2014 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 September 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2019 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 15 OAKFIELD be worth now?

15 OAKFIELD might now be worth an estimated £303,954.

This is based on house price inflation of 30.5%, between May 2019 and March 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 30.5% inflationary increase is applied to the most recent sale price for 15 OAKFIELD of £233,000 on 14th May 2019. For the value to have increased from £233,000 to £303,954 over the six years and two months to March 2025, the following assumptions must hold true:

• The value of 15 OAKFIELD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2019 sale price of £233,000 represented a fair market value for the property.
• The size, condition, and specification of 15 OAKFIELD has not materially changed since May 2019.

How Large is 15 OAKFIELD?

15 OAKFIELD is 85m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses houses in Saxilby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saxilby, and where 15 OAKFIELD lies on this distribution: 18% of detached houses houses are smaller than 15 OAKFIELD, and 81% of houses are larger. Note that EPC data is not available for all properties in Saxilby.

15 OAKFIELD: Plot and Title Map

15 OAKFIELD sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 15 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 15 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 15 OAKFIELD?

15 OAKFIELD is located in SAXILBY, in the LN1 postcode district. The below map shows the position of No. 15 on OAKFIELD.