19, RIO DRIVE, COLLINGHAM, NEWARK, NG23 7NB - £587,500

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.

19 RIO DRIVE is a very large detached house of 244m², built sometime between 1996 and 2002, which could now be worth an estimated £860,588. It was last sold for £587,500 in August 2015, which was around 144% above the average August 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

19 RIO DRIVE Sold Prices

Land registry data shows two sales for 19 RIO 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 19 RIO DRIVE sales were 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
2015 18 AUG	£587,500	£240,296	144% above HPI
2000 8 DEC	£325,000	£102,513	217% above HPI

19 RIO 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 19 RIO DRIVE sales from December 2000 and August 2015 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 2000 sale was for 217% above the HPI. So the extrapolation line tracks at 217% above the HPI over time, until the August 2015 sale, where it falls to 144% above the HPI. The line then continues to track at 144% above the HPI.

What might 19 RIO DRIVE be worth now?

19 RIO DRIVE might now be worth an estimated £860,588.

This is based on house price inflation of 46.5%, between August 2015 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 46.5% inflationary increase is applied to the most recent sale price for 19 RIO DRIVE of £587,500 on 18th August 2015. For the value to have increased from £587,500 to £860,588 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 19 RIO DRIVE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The August 2015 sale price of £587,500 represented a fair market value for the property.
• The size, condition, and specification of 19 RIO DRIVE has not materially changed since August 2015.

How Large is 19 RIO DRIVE?

19 RIO DRIVE is 244m² according to the EPC inspection conducted in November 2008. This puts it in the largest 10% 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 19 RIO DRIVE lies on this distribution: 96% of detached houses houses are smaller than 19 RIO DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Collingham.

19 RIO DRIVE: Plot and Title Map

19 RIO DRIVE sits on a plot of roughly 0.203 of an acre, or 823m². The below map shows the location of 19 RIO 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 19 RIO 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 19 RIO DRIVE?

19 RIO DRIVE is located in COLLINGHAM, in the NG23 postcode district. The below map shows the position of No. 19 on RIO DRIVE.