5, OAK CLOSE, INGOLDMELLS, SKEGNESS, PE25 1QQ - £185,000

5 OAK CLOSE is a very large extended detached house of 103m², built sometime between 1983 and 1990. It was last sold for £185,000 in November 2017, which was around 11% below the average November 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

5 OAK CLOSE Sold Prices

Land registry data shows two sales for 5 OAK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 5 OAK CLOSE 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
2017 17 NOV	£185,000	£207,429	11% below HPI
1995 25 AUG	£50,000	£54,665	9% below HPI

5 OAK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 5 OAK CLOSE sales from August 1995 and November 2017 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 August 1995 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 5 OAK CLOSE?

5 OAK CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 20% of detached houses in Ingoldmells, based on EPC data. The below chart shows the distribution of detached houses by size in Ingoldmells, and where 5 OAK CLOSE lies on this distribution: 88% of detached houses are smaller than 5 OAK CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

5 OAK CLOSE: Plot and Title Map

5 OAK CLOSE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 5 OAK 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 5 OAK 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 5 OAK CLOSE?

5 OAK CLOSE is located in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of No. 5 on OAK CLOSE.