15, OAKTREE DRIVE, BILSTHORPE, NEWARK, NG22 8SL - £215,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

15 OAKTREE DRIVE is a small semi-detached house of 84m², built sometime between 1976 and 1982. It was last sold for £215,000 in January 2024, which was around 35% below the average January 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

15 OAKTREE DRIVE Sold Prices

Land registry data shows two sales for 15 OAKTREE 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 15 OAKTREE 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
2024 26 JAN	£215,000	£330,992	35% below HPI
2013 27 SEP	£154,000	£204,901	25% below HPI

15 OAKTREE 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 15 OAKTREE DRIVE sales from September 2013 and January 2024 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 September 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 15 OAKTREE DRIVE?

15 OAKTREE DRIVE is 84m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 30% of detached houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Bilsthorpe, and where 15 OAKTREE DRIVE lies on this distribution: 27% of detached houses are smaller than 15 OAKTREE DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

15 OAKTREE DRIVE: Plot and Title Map

15 OAKTREE DRIVE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 15 OAKTREE 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 15 OAKTREE 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 15 OAKTREE DRIVE?

15 OAKTREE DRIVE is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 15 on OAKTREE DRIVE.