7, THE OAKLANDS, COLLINGHAM, NEWARK, NG23 7RG - £335,000

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

7 THE OAKLANDS is a large extended detached house of 132m², built sometime between 1976 and 1982. It was last sold for £335,000 in October 2021, which was around 10% above the average October 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

7 THE OAKLANDS Sold Prices

Land registry data shows two sales for 7 THE OAKLANDS 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. One of the two 7 THE OAKLANDS sales was for above the average price, whilst the other was 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 OCT	£335,000	£304,295	10% above HPI
2011 21 DEC	£187,000	£207,169	10% below HPI

7 THE OAKLANDS 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 7 THE OAKLANDS sales from December 2011 and October 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 December 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 7 THE OAKLANDS?

7 THE OAKLANDS is 132m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses in Collingham, based on EPC data. The below chart shows the distribution of detached houses by size in Collingham, and where 7 THE OAKLANDS lies on this distribution: 66% of detached houses are smaller than 7 THE OAKLANDS, and 33% of houses are larger. Note that EPC data is not available for all properties in Collingham.

7 THE OAKLANDS: Plot and Title Map

7 THE OAKLANDS sits on a plot of roughly 18.3 acres, or 73,880m². The below map shows the location of 7 THE OAKLANDS, 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 7 THE OAKLANDS). 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 7 THE OAKLANDS?

7 THE OAKLANDS is located in COLLINGHAM, in the NG23 postcode district. The below map shows the position of No. 7 on THE OAKLANDS.