3, NIXON WAY, COLLINGHAM, NEWARK, NG23 7LF - £395,000

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

3 NIXON WAY is a midsized detached house of 114m², built sometime between 2003 and 2006. It was last sold for £395,000 in June 2017, which was around 60% above the average June 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

3 NIXON WAY Sold Prices

Land registry data shows three sales for 3 NIXON WAY 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. All of the three 3 NIXON WAY 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
2017 2 JUN	£395,000	£247,323	60% above HPI
2006 23 FEB	£407,000	£199,556	104% above HPI
2004 5 APR	£330,000	£181,908	81% above HPI

3 NIXON WAY 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 3 NIXON WAY sales between April 2004 and June 2017 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 February 2006 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the June 2017 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 3 NIXON WAY?

3 NIXON WAY is 114m² according to the EPC inspection conducted in August 2010. This puts it in the largest 50% of detached houses in Collingham, based on EPC data. The below chart shows the distribution of detached houses by size in Collingham, and where 3 NIXON WAY lies on this distribution: 51% of detached houses are smaller than 3 NIXON WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Collingham.

3 NIXON WAY: Plot and Title Map

3 NIXON WAY sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of 3 NIXON WAY, 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 NIXON WAY). 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 NIXON WAY?

3 NIXON WAY is located in COLLINGHAM, in the NG23 postcode district. The below map shows the position of No. 3 on NIXON WAY.