8, OAK DRIVE, NEW BALDERTON, NEWARK, NG24 3BH - £205,000

8 OAK DRIVE is a large extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £205,000 in September 2017, which was around 21% below the average September 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was B.

8 OAK DRIVE Sold Prices

Land registry data shows two sales for 8 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 8 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
2017 5 SEP	£205,000	£259,345	21% below HPI
1996 19 JUL	£60,000	£75,635	21% below HPI

8 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 8 OAK DRIVE sales from July 1996 and September 2017 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 July 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2017 sale, which was also at 21% below the HPI.

How Large is 8 OAK DRIVE?

8 OAK DRIVE is 113m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 30% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 8 OAK DRIVE lies on this distribution: 71% of detached houses are smaller than 8 OAK DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Balderton.

8 OAK DRIVE: Plot and Title Map

8 OAK DRIVE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 8 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 8 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 8 OAK DRIVE?

8 OAK DRIVE is located in NEW BALDERTON, in the NG24 postcode district. The below map shows the position of No. 8 on OAK DRIVE.