5 The Oaklands, Collingham, Newark, NG23 7RG is a freehold detached property built between 1967-1975. The property offers approximately 1,001 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £260,559 , which equates to approximately £260 per square foot. It was last sold on 4 Aug 2016 for £180,000. Since then, the value has increased by £80,559, representing a 44.8% increase, or approximately 4.8% per year.

The current estimated value of £260,559 is:

  • 6.3% lower than the average property price on The Oaklands
  • 1.7% lower than the average in the NG23 7RG postcode area
  • and 8.7% higher than the average price for Newark as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 27 January 2017, the property was recorded as owner-occupied.

View sold house prices in NG23 7RG

Building approximate location

About Property

Type
Detached House
Built
1967-1975
Interior Size
1001 sq ft
Tenure
Freehold
Price (estimate)
£260,559
Price Per sq ft (estimate)
£260
Bedroom Count (estimate)
3 bedrooms

EPC Summary

5 The Oaklands, Collingham, Newark, Newark And Sherwood, Nottinghamshire, NG23 7RG has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 27 Jan 2017.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are mostly double glazed.

The previous EPC assessment was conducted on 9 Jun 2016. The rating of E is unchanged, though the energy efficiency score decreased by 19.2%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from good to poor.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from average to poor.
  • The lighting was updated from low energy lighting in 36% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Mostly double glazing
Average
Lighting
No low energy lighting
Very Poor

Compared to NG23 7RG

9 th / 13
Price Rank
2% lower than average
8 th / 12
Size Rank
3% bigger than average
8 th / 12
Price Per Sq FT Rank
5% lower than average

Compared to other properties in NG23 7RG , this house's estimated value ranks 9th out of 13. Based on price per square foot, it ranks 8th out of 12 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 8th out of 12 properties in its postcode area.

Sale History

Today
£260,559
streetscan.co.uk estimate
+45 %
4 Aug 2016
£180,000
Leasehold

Area Insights

Nearby Properties

rooms: 5
size: 1206 sq ft
sale price: £235,000
sale date: 21 Aug 2017
rooms: 6
size: 1421 sq ft
sale price: £335,000
sale date: 29 Oct 2021
rooms: 6
size: 1227 sq ft
sale price: £300,000
sale date: 20 Sep 2022
rooms: 5
size: 1203 sq ft
sale price: £175,000
sale date: 6 Aug 2012
rooms: 4
size: 1184 sq ft
sale price: £248,300
sale date: 15 Oct 2021

Data Sources

The property at 5 The Oaklands, Collingham, Newark, Newark And Sherwood, Nottinghamshire, NG23 7RG appears once in the Land Registry records, with the transaction recorded on 4 Aug 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Jan 2017. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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