OAKLEIGH, BROADGATE LANE, KELHAM, NEWARK, NG23 5RZ - £350,000

OAKLEIGH is a large extended detached house of 185m², built sometime between 1900 and 1929. It was last sold for £350,000 in May 2011, which was around 67% above the average May 2011 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

OAKLEIGH Sold Prices

Land registry data shows three sales for OAKLEIGH 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 OAKLEIGH 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
2011 11 MAY	£350,000	£209,587	67% above HPI
2004 12 FEB	£217,000	£177,367	22% above HPI
2000 21 DEC	£110,000	£98,474	12% above HPI

OAKLEIGH 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 OAKLEIGH sales between December 2000 and May 2011 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 February 2004 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2011 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is OAKLEIGH?

OAKLEIGH is 185m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 30% of detached houses in Kelham, based on EPC data. The below chart shows the distribution of detached houses by size in Kelham, and where OAKLEIGH lies on this distribution: 79% of detached houses are smaller than OAKLEIGH, and 21% of houses are larger. Note that EPC data is not available for all properties in Kelham.

OAKLEIGH: Plot and Title Map

OAKLEIGH sits on a plot of roughly 0.410 of an acre, or 1,660m². The below map shows the location of OAKLEIGH, 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 OAKLEIGH). 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 OAKLEIGH?

OAKLEIGH is located on BROADGATE LANE in KELHAM, in the NG23 postcode district. The below map shows the position of OAKLEIGH on BROADGATE LANE.