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
4 OAK TREE CLOSE is a very large extended detached house of 260m², built sometime between 1996 and 2002. It was last sold for £680,000 in July 2019, which was around 154% above the average July 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 4 OAK TREE CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. two of the four 4 OAK TREE CLOSE sales were for above the average price, and four 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 |
---|---|---|---|
2019 3 JUL | £680,000 | £267,974 | 154% above HPI |
2004 16 APR | £545,000 | £181,908 | 200% above HPI |
2001 27 JUL | £40,000 | £103,340 | 61% below HPI |
1995 23 OCT | £17,500 | £70,060 | 75% below HPI |
The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The four 4 OAK TREE CLOSE sales between October 1995 and July 2019 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 April 2004 sale was for 200% above the HPI. So the extrapolation line tracks at 200% above the HPI over time, until the July 2019 sale, where it falls to 154% above the HPI. The line then continues to track at 154% above the HPI.
4 OAK TREE CLOSE is 260m², which includes two extensions, according to the EPC inspection conducted in February 2011. This puts it in the largest 10% of detached houses in Bleasby, based on EPC data. The below chart shows the distribution of detached houses by size in Bleasby, and where 4 OAK TREE CLOSE lies on this distribution: 92% of detached houses are smaller than 4 OAK TREE CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Bleasby.
4 OAK TREE CLOSE sits on a plot of roughly 0.346 of an acre, or 1,399m². The below map shows the location of 4 OAK TREE 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 4 OAK TREE 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.
4 OAK TREE CLOSE is located in BLEASBY, in the NG14 postcode district. The below map shows the position of No. 4 on OAK TREE CLOSE.