4, SHAFTESBURY WAY, COLLINGHAM, NEWARK, NG23 7ND - £250,000

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

4 SHAFTESBURY WAY is a very small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £250,000 in July 2012, which was around 25% above the average July 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

4 SHAFTESBURY WAY Sold Prices

Land registry data shows two sales for 4 SHAFTESBURY WAY 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 4 SHAFTESBURY WAY 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
2012 12 JUL	£250,000	£200,751	25% above HPI
2000 7 APR	£168,564	£88,795	90% above HPI

4 SHAFTESBURY WAY 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 4 SHAFTESBURY WAY sales from April 2000 and July 2012 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 2000 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the July 2012 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 4 SHAFTESBURY WAY?

4 SHAFTESBURY WAY is 87m² according to the EPC inspection conducted in July 2011. 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 4 SHAFTESBURY WAY lies on this distribution: 19% of detached houses are smaller than 4 SHAFTESBURY WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Collingham.

4 SHAFTESBURY WAY: Plot and Title Map

4 SHAFTESBURY WAY sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 4 SHAFTESBURY WAY, 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 SHAFTESBURY WAY). 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 4 SHAFTESBURY WAY?

4 SHAFTESBURY WAY is located in COLLINGHAM, in the NG23 postcode district. The below map shows the position of No. 4 on SHAFTESBURY WAY.