3, OLD SCHOOL DRIVE, EDWINSTOWE, MANSFIELD, NG21 9RZ - £245,250

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 OLD SCHOOL DRIVE is a large detached house of 133m², built sometime between 2003 and 2006, which could now be worth an estimated £279,968. It was last sold for £245,250 in September 2021, which was around 20% below the average September 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

3 OLD SCHOOL DRIVE Sold Prices

Land registry data shows two sales for 3 OLD SCHOOL 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 OLD SCHOOL 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
2021 28 SEP	£245,250	£308,343	20% below HPI
2008 27 JUN	£179,995	£227,402	21% below HPI

3 OLD SCHOOL 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 OLD SCHOOL DRIVE sales from June 2008 and September 2021 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 June 2008 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 3 OLD SCHOOL DRIVE be worth now?

3 OLD SCHOOL DRIVE might now be worth an estimated £279,968.

This is based on house price inflation of 14.2%, between September 2021 and February 2025, for 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 14.2% inflationary increase is applied to the most recent sale price for 3 OLD SCHOOL DRIVE of £245,250 on 28th September 2021. For the value to have increased from £245,250 to £279,968 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 OLD SCHOOL DRIVE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The September 2021 sale price of £245,250 represented a fair market value for the property.
• The size, condition, and specification of 3 OLD SCHOOL DRIVE has not materially changed since September 2021.

How Large is 3 OLD SCHOOL DRIVE?

3 OLD SCHOOL DRIVE is 133m² according to the EPC inspection conducted in September 2018. This puts it in the largest 40% of detached houses houses in Edwinstowe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edwinstowe, and where 3 OLD SCHOOL DRIVE lies on this distribution: 61% of detached houses houses are smaller than 3 OLD SCHOOL DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Edwinstowe.

3 OLD SCHOOL DRIVE: Plot and Title Map

3 OLD SCHOOL DRIVE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 3 OLD SCHOOL 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 OLD SCHOOL 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 OLD SCHOOL DRIVE?

3 OLD SCHOOL DRIVE is located in EDWINSTOWE, in the NG21 postcode district. The below map shows the position of No. 3 on OLD SCHOOL DRIVE.