40, OAKHAM DRIVE, SELSTON, NOTTINGHAM, NG16 6RR - £168,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 OAKHAM DRIVE is a small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £168,000 in February 2018, which was around 13% below the average February 2018 detached price in the Ashfield local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

40 OAKHAM DRIVE Sold Prices

Land registry data shows four sales for 40 OAKHAM DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. Most of the four 40 OAKHAM 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
2018 9 FEB	£168,000	£192,117	13% below HPI
2012 21 SEP	£118,500	£144,735	18% below HPI
2003 31 OCT	£108,000	£121,914	11% below HPI
2000 18 AUG	£77,400	£68,785	13% above HPI

40 OAKHAM DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The four 40 OAKHAM DRIVE sales between August 2000 and February 2018 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 September 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 40 OAKHAM DRIVE?

40 OAKHAM DRIVE is 77m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses in Selston, based on EPC data. The below chart shows the distribution of detached houses by size in Selston, and where 40 OAKHAM DRIVE lies on this distribution: 30% of detached houses are smaller than 40 OAKHAM DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Selston.

40 OAKHAM DRIVE: Plot and Title Map

40 OAKHAM DRIVE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 40 OAKHAM 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 40 OAKHAM 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 40 OAKHAM DRIVE?

40 OAKHAM DRIVE is located in SELSTON, in the NG16 postcode district. The below map shows the position of No. 40 on OAKHAM DRIVE.