2, THE OAKS, BALDERTON, NEWARK, NG24 3RX - £247,500

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

2 THE OAKS is a large extended detached house of 120m², built sometime between 2003 and 2006. It was last sold for £247,500 in August 2012, which was around 19% above the average August 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

2 THE OAKS Sold Prices

Land registry data shows three sales for 2 THE OAKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Two of the three 2 THE OAKS sales were for above the average price, whilst one was 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
2012 10 AUG	£247,500	£208,823	19% above HPI
2004 30 JUL	£290,000	£188,834	54% above HPI
2004 16 APR	£75,000	£181,908	59% below HPI

2 THE OAKS 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 three 2 THE OAKS sales between April 2004 and August 2012 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 July 2004 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the August 2012 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 2 THE OAKS?

2 THE OAKS is 120m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the largest 30% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 2 THE OAKS lies on this distribution: 76% of detached houses are smaller than 2 THE OAKS, and 24% of houses are larger. Note that EPC data is not available for all properties in Balderton.

2 THE OAKS: Plot and Title Map

2 THE OAKS sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of 2 THE OAKS, 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 2 THE OAKS). 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 2 THE OAKS?

2 THE OAKS is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 2 on THE OAKS.