43, OAKHAM DRIVE, SELSTON, NOTTINGHAM, NG16 6RR - £177,000

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.

43 OAKHAM DRIVE is a midsized detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £236,738. It was last sold for £177,000 in November 2018, which was around 11% below the average November 2018 detached price in the Ashfield local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

43 OAKHAM DRIVE Sold Prices

Land registry data shows four sales for 43 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 43 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 2 NOV	£177,000	£199,804	11% below HPI
2015 17 FEB	£136,500	£160,122	15% below HPI
2007 4 MAY	£134,000	£155,493	14% below HPI
2000 24 NOV	£79,650	£66,499	20% above HPI

43 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 43 OAKHAM DRIVE sales between November 2000 and November 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 February 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 43 OAKHAM DRIVE be worth now?

43 OAKHAM DRIVE might now be worth an estimated £236,738.

This is based on house price inflation of 33.8%, between November 2018 and February 2025, for detached houses, in the Ashfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.8% inflationary increase is applied to the most recent sale price for 43 OAKHAM DRIVE of £177,000 on 2nd November 2018. For the value to have increased from £177,000 to £236,738 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 43 OAKHAM DRIVE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The November 2018 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 43 OAKHAM DRIVE has not materially changed since November 2018.

How Large is 43 OAKHAM DRIVE?

43 OAKHAM DRIVE is 88m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 50% of detached houses houses in Selston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Selston, and where 43 OAKHAM DRIVE lies on this distribution: 43% of detached houses houses are smaller than 43 OAKHAM DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Selston.

43 OAKHAM DRIVE: Plot and Title Map

43 OAKHAM DRIVE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 43 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 43 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 43 OAKHAM DRIVE?

43 OAKHAM DRIVE is located in SELSTON, in the NG16 postcode district. The below map shows the position of No. 43 on OAKHAM DRIVE.