16, KINGSTON DRIVE, OLLERTON, NEWARK, NG22 9BP - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 KINGSTON DRIVE is a small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £260,000 in February 2022, which was around 18% below the average February 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

16 KINGSTON DRIVE Sold Prices

Land registry data shows two sales for 16 KINGSTON 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 16 KINGSTON 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
2022 16 FEB	£260,000	£315,979	18% below HPI
2013 20 JUN	£100,000	£210,087	52% below HPI

16 KINGSTON 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 16 KINGSTON DRIVE sales from June 2013 and February 2022 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 2013 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the February 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 16 KINGSTON DRIVE?

16 KINGSTON DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses in Ollerton, based on EPC data. The below chart shows the distribution of detached houses by size in Ollerton, and where 16 KINGSTON DRIVE lies on this distribution: 25% of detached houses are smaller than 16 KINGSTON DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Ollerton.

16 KINGSTON DRIVE: Plot and Title Map

16 KINGSTON DRIVE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 16 KINGSTON 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 16 KINGSTON 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 16 KINGSTON DRIVE?

16 KINGSTON DRIVE is located in OLLERTON, in the NG22 postcode district. The below map shows the position of No. 16 on KINGSTON DRIVE.