3, THE OAKS, BALDERTON, NEWARK, NG24 3RX - £290,000

3 THE OAKS is a large detached house of 111m², built sometime between 1996 and 2002. It was last sold for £290,000 in October 2005, which was around 42% above the average October 2005 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

3 THE OAKS Sold Prices

Land registry data shows two sales for 3 THE OAKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. One of the two 3 THE OAKS sales was for above the average price, whilst the other was 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
2005 21 OCT	£290,000	£203,941	42% above HPI
2004 10 SEP	£125,000	£192,064	35% below HPI

3 THE OAKS 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 two 3 THE OAKS sales from September 2004 and October 2005 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 September 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2005 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 3 THE OAKS?

3 THE OAKS is 111m² according to the EPC inspection conducted in February 2011. This puts it in the largest 40% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 3 THE OAKS lies on this distribution: 70% of detached houses are smaller than 3 THE OAKS, and 30% of houses are larger. Note that EPC data is not available for all properties in Balderton.

3 THE OAKS: Plot and Title Map

3 THE OAKS sits on a plot of roughly 0.183 of an acre, or 742m². The below map shows the location of 3 THE OAKS, 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 3 THE OAKS). 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 3 THE OAKS?

3 THE OAKS is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 3 on THE OAKS.