3, MEADOW ROAD, NEW BALDERTON, NEWARK, NG24 3BP - £160,000

3 MEADOW ROAD is a small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £160,000 in September 2011, which was around 22% below the average September 2011 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was C.

3 MEADOW ROAD Sold Prices

Land registry data shows three sales for 3 MEADOW ROAD 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 3 MEADOW ROAD sales were 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
2011 19 SEP	£160,000	£204,438	22% below HPI
2011 1 AUG	£160,000	£206,646	23% below HPI
2009 23 JUL	£125,000	£192,120	35% below HPI

3 MEADOW ROAD 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 3 MEADOW ROAD sales between July 2009 and September 2011 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 August 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2011 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 MEADOW ROAD?

3 MEADOW ROAD is 69m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 3 MEADOW ROAD lies on this distribution: 20% of detached houses are smaller than 3 MEADOW ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Balderton.

3 MEADOW ROAD: Plot and Title Map

3 MEADOW ROAD sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 3 MEADOW ROAD, 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 3 MEADOW ROAD). 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 3 MEADOW ROAD?

3 MEADOW ROAD is located in NEW BALDERTON, in the NG24 postcode district. The below map shows the position of No. 3 on MEADOW ROAD.