2, THE OAKLANDS, COLLINGHAM, NEWARK, NG23 7RG - £300,000

2 THE OAKLANDS is a midsized extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £300,000 in September 2022, which was around 11% below the average September 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

2 THE OAKLANDS Sold Prices

Land registry data shows three sales for 2 THE 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 Newark and Sherwood local authority area for the corresponding sale date. All of the three 2 THE 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 20 SEP	£300,000	£338,306	11% below HPI
2017 20 JAN	£210,000	£247,096	15% below HPI
1999 10 SEP	£72,000	£89,670	20% below HPI

2 THE OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 2 THE OAKLANDS sales between September 1999 and September 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 January 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 THE OAKLANDS?

2 THE OAKLANDS is 114m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 50% of detached houses in Collingham, based on EPC data. The below chart shows the distribution of detached houses by size in Collingham, and where 2 THE OAKLANDS lies on this distribution: 51% of detached houses are smaller than 2 THE OAKLANDS, and 49% of houses are larger. Note that EPC data is not available for all properties in Collingham.

2 THE OAKLANDS: Plot and Title Map

2 THE OAKLANDS sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 2 THE 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 2 THE 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 2 THE OAKLANDS?

2 THE OAKLANDS is located in COLLINGHAM, in the NG23 postcode district. The below map shows the position of No. 2 on THE OAKLANDS.