6, THE OAKS, BALDERTON, NEWARK, NG24 3RX - £285,000

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.

6 THE OAKS is a very large detached house of 214m², built sometime between 1996 and 2002, which could now be worth an estimated £472,327. It was last sold for £285,000 in December 2009, which was around 34% above the average December 2009 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was C.

6 THE OAKS Sold Prices

Land registry data shows three sales for 6 THE OAKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 6 THE OAKS 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
2009 18 DEC	£285,000	£212,391	34% above HPI
2005 10 JUN	£245,000	£210,433	16% above HPI
2005 15 APR	£225,000	£207,016	9% above HPI

6 THE OAKS 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 three 6 THE OAKS sales between April 2005 and December 2009 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 June 2005 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the December 2009 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 6 THE OAKS be worth now?

6 THE OAKS might now be worth an estimated £472,327.

This is based on house price inflation of 65.7%, between December 2009 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 65.7% inflationary increase is applied to the most recent sale price for 6 THE OAKS of £285,000 on 18th December 2009. For the value to have increased from £285,000 to £472,327 over the sixteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 6 THE OAKS has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2009 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE OAKS has not materially changed since December 2009.

How Large is 6 THE OAKS?

6 THE OAKS is 214m² according to the EPC inspection conducted in June 2012. This puts it in the largest 10% of detached houses houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Balderton, and where 6 THE OAKS lies on this distribution: 95% of detached houses houses are smaller than 6 THE OAKS, and 5% of houses are larger. Note that EPC data is not available for all properties in Balderton.

6 THE OAKS: Plot and Title Map

6 THE OAKS sits on a plot of roughly 0.265 of an acre, or 1,074m². The below map shows the location of 6 THE OAKS, 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 6 THE OAKS). 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 6 THE OAKS?

6 THE OAKS is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 6 on THE OAKS.