11, OAK DRIVE, NEW BALDERTON, NEWARK, NG24 3BH - £199,950

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.

11 OAK DRIVE is a midsized extended detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £255,851. It was last sold for £199,950 in November 2017, which was around 27% below the average November 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 C.

11 OAK DRIVE Sold Prices

Land registry data shows two sales for 11 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 11 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 23 NOV	£199,950	£275,086	27% below HPI
1997 19 JUN	£60,000	£80,977	26% below HPI

11 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 11 OAK DRIVE sales from June 1997 and November 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 June 1997 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 11 OAK DRIVE be worth now?

11 OAK DRIVE might now be worth an estimated £255,851.

This is based on house price inflation of 28%, between November 2017 and February 2025, for 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 28% inflationary increase is applied to the most recent sale price for 11 OAK DRIVE of £199,950 on 23rd November 2017. For the value to have increased from £199,950 to £255,851 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 11 OAK DRIVE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2017 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 11 OAK DRIVE has not materially changed since November 2017.

How Large is 11 OAK DRIVE?

11 OAK DRIVE is 97m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 50% of detached houses houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Balderton, and where 11 OAK DRIVE lies on this distribution: 52% of detached houses houses are smaller than 11 OAK DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Balderton.

11 OAK DRIVE: Plot and Title Map

11 OAK DRIVE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 11 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 11 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 11 OAK DRIVE?

11 OAK DRIVE is located in NEW BALDERTON, in the NG24 postcode district. The below map shows the position of No. 11 on OAK DRIVE.