5, OAKLANDS, WOODHALL SPA, LN10 6TR - £110,000

5 OAKLANDS is a very small detached house of 52m², built sometime between 1983 and 1990. It was last sold for £110,000 in February 2022, which was around 58% below the average February 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

5 OAKLANDS Sold Prices

Land registry data shows three sales for 5 OAKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 5 OAKLANDS 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
2022 21 FEB	£110,000	£264,523	58% below HPI
2016 15 DEC	£97,000	£197,369	51% below HPI
1997 8 OCT	£35,000	£61,363	43% below HPI

5 OAKLANDS 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 three 5 OAKLANDS sales between October 1997 and February 2022 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 December 2016 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the February 2022 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 5 OAKLANDS?

5 OAKLANDS is 52m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Woodhall Spa, and where 5 OAKLANDS lies on this distribution: Less than 1% of detached houses are smaller than 5 OAKLANDS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

5 OAKLANDS: Plot and Title Map

5 OAKLANDS sits on a plot of roughly 2.0 acres, or 7,914m². The below map shows the location of 5 OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

5 OAKLANDS is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 5 on OAKLANDS.