3, OAK DRIVE, NEW BALDERTON, NEWARK, NG24 3BH - £139,995

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.

3 OAK DRIVE is a midsized semi-detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £238,783. It was last sold for £139,995 in May 2010, which was around 16% above the average May 2010 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

3 OAK DRIVE Sold Prices

Land registry data shows two sales for 3 OAK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 3 OAK 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
2010 18 MAY	£139,995	£120,629	16% above HPI
2008 29 FEB	£150,000	£132,414	13% above HPI

3 OAK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two 3 OAK DRIVE sales from February 2008 and May 2010 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 2008 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2010 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 3 OAK DRIVE be worth now?

3 OAK DRIVE might now be worth an estimated £238,783.

This is based on house price inflation of 70.6%, between May 2010 and February 2025, for semi-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 70.6% inflationary increase is applied to the most recent sale price for 3 OAK DRIVE of £139,995 on 18th May 2010. For the value to have increased from £139,995 to £238,783 over the fifteen years and three months to February 2025, the following assumptions must hold true:

• The value of 3 OAK DRIVE has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The May 2010 sale price of £139,995 represented a fair market value for the property.
• The size, condition, and specification of 3 OAK DRIVE has not materially changed since May 2010.

How Large is 3 OAK DRIVE?

3 OAK DRIVE is 90m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 50% of semi-detached houses houses in Balderton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Balderton, and where 3 OAK DRIVE lies on this distribution: 45% of semi-detached houses houses are smaller than 3 OAK DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Balderton.

3 OAK DRIVE: Plot and Title Map

3 OAK DRIVE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 3 OAK 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 OAK 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 OAK DRIVE?

3 OAK DRIVE is located in NEW BALDERTON, in the NG24 postcode district. The below map shows the position of No. 3 on OAK DRIVE.