LITTLE TREES, BELL LANE, COLLINGHAM, NEWARK, NG23 7LR - £365,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

LITTLE TREES is a midsized extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £365,000 in August 2022, which was around 10% above the average August 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

LITTLE TREES Sold Prices

Land registry data shows two sales for LITTLE TREES 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 LITTLE TREES 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
2022 15 AUG	£365,000	£331,786	10% above HPI
1998 5 JAN	£66,000	£76,216	13% below HPI

LITTLE TREES 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 LITTLE TREES sales from January 1998 and August 2022 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 January 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is LITTLE TREES?

LITTLE TREES is 115m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses in Collingham, based on EPC data. The below chart shows the distribution of detached houses by size in Collingham, and where LITTLE TREES lies on this distribution: 52% of detached houses are smaller than LITTLE TREES, and 48% of houses are larger. Note that EPC data is not available for all properties in Collingham.

LITTLE TREES: Plot and Title Map

LITTLE TREES sits on a plot of roughly 4.1 acres, or 16,792m². The below map shows the location of LITTLE TREES, 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 LITTLE TREES). 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 LITTLE TREES?

LITTLE TREES is located on BELL LANE in COLLINGHAM, in the NG23 postcode district. The below map shows the position of LITTLE TREES on BELL LANE.