5, OAK DRIVE, NEW BALDERTON, NEWARK, NG24 3BH - £165,000

5 OAK DRIVE is a small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £165,000 in July 2016, which was around 32% below the average July 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

5 OAK DRIVE Sold Prices

Land registry data shows two sales for 5 OAK DRIVE 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. Both of the two 5 OAK DRIVE 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
2016 22 JUL	£165,000	£241,957	32% below HPI
1995 24 NOV	£59,500	£70,174	15% below HPI

5 OAK DRIVE 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 5 OAK DRIVE sales from November 1995 and July 2016 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 1995 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 OAK DRIVE?

5 OAK DRIVE is 84m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 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 5 OAK DRIVE lies on this distribution: 37% of detached houses are smaller than 5 OAK DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Balderton.

5 OAK DRIVE: Plot and Title Map

5 OAK DRIVE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 5 OAK DRIVE, 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 OAK DRIVE). 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 OAK DRIVE?

5 OAK DRIVE is located in NEW BALDERTON, in the NG24 postcode district. The below map shows the position of No. 5 on OAK DRIVE.