40, JERICHO ROAD, BALDERTON, NEWARK, NG24 3GT - £186,000

40 JERICHO ROAD is a large extended detached house of 106m², built sometime between 1996 and 2002. It was last sold for £186,000 in February 2018, which was around 30% below the average February 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

40 JERICHO ROAD Sold Prices

Land registry data shows three sales for 40 JERICHO 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 40 JERICHO 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
2018 1 FEB	£186,000	£266,918	30% below HPI
2002 28 JUN	£107,000	£124,621	14% below HPI
1999 26 FEB	£58,750	£80,422	27% below HPI

40 JERICHO 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 40 JERICHO ROAD sales between February 1999 and February 2018 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 June 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 40 JERICHO ROAD?

40 JERICHO ROAD is 106m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the largest 40% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 40 JERICHO ROAD lies on this distribution: 63% of detached houses are smaller than 40 JERICHO ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Balderton.

40 JERICHO ROAD: Plot and Title Map

40 JERICHO ROAD sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 40 JERICHO 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 40 JERICHO 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 40 JERICHO ROAD?

40 JERICHO ROAD is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 40 on JERICHO ROAD.