OAKWOOD, CHAPEL GATE, WHAPLODE DROVE, SPALDING, PE12 0TR - £300,000

OAKWOOD is a midsized extended detached house of 107m², built sometime before 1900. It was last sold for £300,000 in March 2021, which was around 20% above the average March 2021 detached price in the South Holland local authority area. The most recent EPC inspection was October 2020, where the current energy rating was F, and the potential energy rating was A.

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
2021 11 MAR	£300,000	£249,109	20% above HPI
2004 23 NOV	£250,000	£163,324	53% 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 November 2004 and March 2021 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 November 2004 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the March 2021 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is OAKWOOD?

OAKWOOD is 107m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 50% of detached houses in Whaplode Drove, based on EPC data. The below chart shows the distribution of detached houses by size in Whaplode Drove, and where OAKWOOD lies on this distribution: 46% of detached houses are smaller than OAKWOOD, and 54% of houses are larger. Note that EPC data is not available for all properties in Whaplode Drove.

OAKWOOD: Plot and Title Map

OAKWOOD sits on a plot of roughly 3.9 acres, or 15,970m². 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 CHAPEL GATE in WHAPLODE DROVE, in the PE12 postcode district. The below map shows the position of OAKWOOD on CHAPEL GATE.