3, OAKWOOD, FLINTHAM, NEWARK, NG23 5LZ - £169,500

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 OAKWOOD is a very small detached house of 59m², built sometime between 1991 and 1995, which could now be worth an estimated £219,608. It was last sold for £169,500 in March 2020, which was around 56% below the average March 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

3 OAKWOOD Sold Prices

Land registry data shows four sales for 3 OAKWOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the four 3 OAKWOOD 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
2020 19 MAR	£169,500	£386,101	56% below HPI
2018 19 OCT	£155,000	£376,626	59% below HPI
2005 25 AUG	£120,000	£262,630	54% below HPI
2000 24 MAR	£65,950	£131,690	50% below HPI

3 OAKWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The four 3 OAKWOOD sales between March 2000 and March 2020 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 October 2018 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the March 2020 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might 3 OAKWOOD be worth now?

3 OAKWOOD might now be worth an estimated £219,608.

This is based on house price inflation of 29.6%, between March 2020 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.6% inflationary increase is applied to the most recent sale price for 3 OAKWOOD of £169,500 on 19th March 2020. For the value to have increased from £169,500 to £219,608 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 3 OAKWOOD has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The March 2020 sale price of £169,500 represented a fair market value for the property.
• The size, condition, and specification of 3 OAKWOOD has not materially changed since March 2020.

How Large is 3 OAKWOOD?

3 OAKWOOD is 59m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of detached houses houses in Flintham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Flintham, and where 3 OAKWOOD lies on this distribution: 3% of detached houses houses are smaller than 3 OAKWOOD, and 97% of houses are larger. Note that EPC data is not available for all properties in Flintham.

3 OAKWOOD: Plot and Title Map

3 OAKWOOD sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 3 OAKWOOD, 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 OAKWOOD). 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 OAKWOOD?

3 OAKWOOD is located in FLINTHAM, in the NG23 postcode district. The below map shows the position of No. 3 on OAKWOOD.