18, THE OAKLANDS, COLLINGHAM, NEWARK, NG23 7RG - £350,000

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.

18 THE OAKLANDS is a midsized extended detached house of 113m², built sometime between 1976 and 1982, which could now be worth an estimated £347,050. It was last sold for £350,000 in November 2024, which was around 1% below the average November 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

18 THE OAKLANDS Sold Prices

Land registry data shows two sales for 18 THE OAKLANDS 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. One of the two 18 THE OAKLANDS sales was for below the average price, whilst the other was for above 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 1 NOV	£350,000	£354,985	1% below HPI
2012 28 SEP	£234,000	£220,633	6% above HPI

18 THE OAKLANDS 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 THE OAKLANDS sales from September 2012 and November 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 2012 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2024 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 18 THE OAKLANDS be worth now?

18 THE OAKLANDS might now be worth an estimated £347,050.

This is based on house price deflation of 0.8%, between November 2024 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 0.8% deflationary decrease is applied to the most recent sale price for 18 THE OAKLANDS of £350,000 on 1st November 2024. For the value to have decreased from £350,000 to £347,050 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 18 THE OAKLANDS has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2024 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THE OAKLANDS has not materially changed since November 2024.

How Large is 18 THE OAKLANDS?

18 THE OAKLANDS is 113m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 50% of detached houses houses in Collingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Collingham, and where 18 THE OAKLANDS lies on this distribution: 49% of detached houses houses are smaller than 18 THE OAKLANDS, and 50% of houses are larger. Note that EPC data is not available for all properties in Collingham.

18 THE OAKLANDS: Plot and Title Map

18 THE OAKLANDS sits on a plot of roughly 18.3 acres, or 73,880m². The below map shows the location of 18 THE OAKLANDS, 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 THE OAKLANDS). 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 THE OAKLANDS?

18 THE OAKLANDS is located in COLLINGHAM, in the NG23 postcode district. The below map shows the position of No. 18 on THE OAKLANDS.