42, LOW STREET, COLLINGHAM, NEWARK, NG23 7LS - £274,000

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.

42 LOW STREET is a very small extended detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £312,788. It was last sold for £274,000 in September 2021, which was around 11% below the average September 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

42 LOW STREET Sold Prices

Land registry data shows four sales for 42 LOW STREET since 1^st 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. Most of the four 42 LOW STREET 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 29 SEP	£274,000	£308,343	11% below HPI
2015 13 NOV	£215,000	£247,102	13% below HPI
2000 1 MAR	£97,000	£90,407	7% above HPI
1998 23 JUN	£57,000	£84,595	33% below HPI

42 LOW STREET 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 four 42 LOW STREET sales between June 1998 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 November 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 42 LOW STREET be worth now?

42 LOW STREET might now be worth an estimated £312,788.

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 42 LOW STREET of £274,000 on 29th September 2021. For the value to have increased from £274,000 to £312,788 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 42 LOW STREET has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The September 2021 sale price of £274,000 represented a fair market value for the property.
• The size, condition, and specification of 42 LOW STREET has not materially changed since September 2021.

How Large is 42 LOW STREET?

42 LOW STREET is 85m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses houses in Collingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Collingham, and where 42 LOW STREET lies on this distribution: 17% of detached houses houses are smaller than 42 LOW STREET, and 83% of houses are larger. Note that EPC data is not available for all properties in Collingham.

42 LOW STREET: Plot and Title Map

42 LOW STREET sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 42 LOW STREET, 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 42 LOW STREET). 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 42 LOW STREET?

42 LOW STREET is located in COLLINGHAM, in the NG23 postcode district. The below map shows the position of No. 42 on LOW STREET.