18, HARDWICK DRIVE, OLLERTON, NEWARK, NG22 9AN - £126,000

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

18 HARDWICK DRIVE is a very large extended detached house of 138m², built sometime between 1950 and 1966. It was last sold for £126,000 in November 2003, which was around 27% below the average November 2003 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2016, where the current energy rating was F, and the potential energy rating was C.

18 HARDWICK DRIVE Sold Prices

Land registry data shows two sales for 18 HARDWICK 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 18 HARDWICK 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
2003 25 NOV	£126,000	£173,580	27% below HPI
2001 5 DEC	£85,000	£112,999	25% below HPI

18 HARDWICK 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 18 HARDWICK DRIVE sales from December 2001 and November 2003 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 December 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2003 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 18 HARDWICK DRIVE?

18 HARDWICK DRIVE is 138m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 10% of detached houses in Ollerton, based on EPC data. The below chart shows the distribution of detached houses by size in Ollerton, and where 18 HARDWICK DRIVE lies on this distribution: 90% of detached houses are smaller than 18 HARDWICK DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Ollerton.

18 HARDWICK DRIVE: Plot and Title Map

18 HARDWICK DRIVE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 18 HARDWICK 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 18 HARDWICK 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 18 HARDWICK DRIVE?

18 HARDWICK DRIVE is located in OLLERTON, in the NG22 postcode district. The below map shows the position of No. 18 on HARDWICK DRIVE.