OAKWELL, HOGSTHORPE ROAD, MUMBY, ALFORD, LN13 9SD - £229,000

OAKWELL is a midsized extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £229,000 in May 2017, which was around 14% above the average May 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was D.

OAKWELL Sold Prices

Land registry data shows four sales for OAKWELL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. two of the four OAKWELL sales were for above the average price, and four 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 5 MAY	£229,000	£200,860	14% above HPI
2004 19 JAN	£135,000	£144,067	6% below HPI
2003 28 MAR	£125,000	£121,304	3% above HPI
1999 13 DEC	£59,000	£71,069	17% below HPI

OAKWELL 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 four OAKWELL sales between December 1999 and May 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 January 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2017 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is OAKWELL?

OAKWELL is 96m², which includes two extensions, according to the EPC inspection conducted in November 2009. This puts it in the largest 50% of detached houses in Mumby, based on EPC data. The below chart shows the distribution of detached houses by size in Mumby, and where OAKWELL lies on this distribution: 54% of detached houses are smaller than OAKWELL, and 46% of houses are larger. Note that EPC data is not available for all properties in Mumby.

OAKWELL: Plot and Title Map

OAKWELL sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of OAKWELL, 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 OAKWELL). 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 OAKWELL?

OAKWELL is located on HOGSTHORPE ROAD in MUMBY, in the LN13 postcode district. The below map shows the position of OAKWELL on HOGSTHORPE ROAD.