3, HARDWICK DRIVE, OLLERTON, NEWARK, NG22 9AN - £140,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 HARDWICK DRIVE is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £140,000 in May 2012, which was around 26% below the average May 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

3 HARDWICK DRIVE Sold Prices

Land registry data shows two sales for 3 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 3 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
2012 8 MAY	£140,000	£189,946	26% below HPI
2011 20 MAY	£115,000	£209,587	45% below HPI

3 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 3 HARDWICK DRIVE sales from May 2011 and May 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 May 2011 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2012 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 3 HARDWICK DRIVE?

3 HARDWICK DRIVE is 84m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% of detached houses in Ollerton, based on EPC data. The below chart shows the distribution of detached houses by size in Ollerton, and where 3 HARDWICK DRIVE lies on this distribution: 17% of detached houses are smaller than 3 HARDWICK DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ollerton.

3 HARDWICK DRIVE: Plot and Title Map

3 HARDWICK DRIVE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 3 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 3 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 3 HARDWICK DRIVE?

3 HARDWICK DRIVE is located in OLLERTON, in the NG22 postcode district. The below map shows the position of No. 3 on HARDWICK DRIVE.