5, OAK TREE MEWS, BILSTHORPE, NEWARK, NG22 8WQ - £252,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 OAK TREE MEWS is a very small semi-detached house of 71m², which could now be worth an estimated £255,967. It was last sold for £252,000 in February 2023, which was around 25% above the average February 2023 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

5 OAK TREE MEWS Sold Prices

Land registry data shows two sales for 5 OAK TREE MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 5 OAK TREE MEWS 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
2023 6 FEB	£252,000	£202,126	25% above HPI
2018 10 DEC	£212,500	£163,042	30% above HPI

5 OAK TREE MEWS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two 5 OAK TREE MEWS sales from December 2018 and February 2023 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 December 2018 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the February 2023 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 5 OAK TREE MEWS be worth now?

5 OAK TREE MEWS might now be worth an estimated £255,967.

This is based on house price inflation of 1.6%, between February 2023 and June 2025, for semi-detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.6% inflationary increase is applied to the most recent sale price for 5 OAK TREE MEWS of £252,000 on 6th February 2023. For the value to have increased from £252,000 to £255,967 over the one year and eight months to June 2025, the following assumptions must hold true:

• The value of 5 OAK TREE MEWS has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The February 2023 sale price of £252,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OAK TREE MEWS has not materially changed since February 2023.

How Large is 5 OAK TREE MEWS?

5 OAK TREE MEWS is 71m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of semi-detached houses houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bilsthorpe, and where 5 OAK TREE MEWS lies on this distribution: 10% of semi-detached houses houses are smaller than 5 OAK TREE MEWS, and 90% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

5 OAK TREE MEWS: Plot and Title Map

5 OAK TREE MEWS sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 5 OAK TREE MEWS, 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 TREE MEWS). 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 TREE MEWS?

5 OAK TREE MEWS is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 5 on OAK TREE MEWS.