18, KINGSTON DRIVE, OLLERTON, NEWARK, NG22 9BP - £160,000

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 KINGSTON DRIVE is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £160,000 in July 2019, which was around 40% below the average July 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

18 KINGSTON DRIVE Sold Prices

Land registry data shows two sales for 18 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 18 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
2019 23 JUL	£160,000	£267,974	40% below HPI
2007 14 DEC	£146,500	£225,534	35% below HPI

18 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 18 KINGSTON DRIVE sales from December 2007 and July 2019 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 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 18 KINGSTON DRIVE?

18 KINGSTON DRIVE is 61m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 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 KINGSTON DRIVE lies on this distribution: 1% of detached houses are smaller than 18 KINGSTON DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Ollerton.

18 KINGSTON DRIVE: Plot and Title Map

18 KINGSTON DRIVE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 18 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 18 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 18 KINGSTON DRIVE?

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