3, OAKLANDS CLOSE, COLLINGHAM, NEWARK, NG23 7RQ - £245,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 OAKLANDS CLOSE is a very small detached house of 83m², built sometime between 1983 and 1990. It was last sold for £245,000 in October 2010, which was around 17% above the average October 2010 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

3 OAKLANDS CLOSE Sold Prices

Land registry data shows two sales for 3 OAKLANDS CLOSE 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 OAKLANDS CLOSE 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 4 OCT	£245,000	£209,907	17% above HPI
2009 14 JUL	£214,500	£192,120	12% above HPI

3 OAKLANDS CLOSE 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 OAKLANDS CLOSE sales from July 2009 and October 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 July 2009 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2010 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 3 OAKLANDS CLOSE?

3 OAKLANDS CLOSE is 83m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% 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 OAKLANDS CLOSE lies on this distribution: 15% of detached houses are smaller than 3 OAKLANDS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Collingham.

3 OAKLANDS CLOSE: Plot and Title Map

3 OAKLANDS CLOSE sits on a plot of roughly 0.238 of an acre, or 963m². The below map shows the location of 3 OAKLANDS CLOSE, 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 OAKLANDS CLOSE). 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 OAKLANDS CLOSE?

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