8, OLD SCHOOL DRIVE, EDWINSTOWE, MANSFIELD, NG21 9RZ - £222,500

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.

8 OLD SCHOOL DRIVE is a very large detached house of 161m², built sometime between 2003 and 2006, which could now be worth an estimated £370,680. It was last sold for £222,500 in April 2013, which was around 5% above the average April 2013 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

8 OLD SCHOOL DRIVE Sold Prices

Land registry data shows two sales for 8 OLD SCHOOL DRIVE 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. Both of the two 8 OLD SCHOOL DRIVE 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
2013 12 APR	£222,500	£211,283	5% above HPI
2008 28 MAY	£257,100	£224,515	15% above HPI

8 OLD SCHOOL DRIVE 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 8 OLD SCHOOL DRIVE sales from May 2008 and April 2013 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 May 2008 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2013 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 8 OLD SCHOOL DRIVE be worth now?

8 OLD SCHOOL DRIVE might now be worth an estimated £370,680.

This is based on house price inflation of 66.6%, between April 2013 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 66.6% inflationary increase is applied to the most recent sale price for 8 OLD SCHOOL DRIVE of £222,500 on 12th April 2013. For the value to have increased from £222,500 to £370,680 over the twelve years and two months to February 2025, the following assumptions must hold true:

• The value of 8 OLD SCHOOL DRIVE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The April 2013 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 8 OLD SCHOOL DRIVE has not materially changed since April 2013.

How Large is 8 OLD SCHOOL DRIVE?

8 OLD SCHOOL DRIVE is 161m² according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses houses in Edwinstowe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edwinstowe, and where 8 OLD SCHOOL DRIVE lies on this distribution: 82% of detached houses houses are smaller than 8 OLD SCHOOL DRIVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Edwinstowe.

8 OLD SCHOOL DRIVE: Plot and Title Map

8 OLD SCHOOL DRIVE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 8 OLD SCHOOL 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 8 OLD SCHOOL 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 8 OLD SCHOOL DRIVE?

8 OLD SCHOOL DRIVE is located in EDWINSTOWE, in the NG21 postcode district. The below map shows the position of No. 8 on OLD SCHOOL DRIVE.