1, LOVEDEN CLOSE, BALDERTON, NEWARK, NG24 3JZ - £275,000

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.

1 LOVEDEN CLOSE is a midsized extended detached house of 96m², built sometime between 1976 and 1982, which could now be worth an estimated £273,458. It was last sold for £275,000 in September 2023, which was around 22% below the average September 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

1 LOVEDEN CLOSE Sold Prices

Land registry data shows two sales for 1 LOVEDEN CLOSE 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 1 LOVEDEN CLOSE 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
2023 22 SEP	£275,000	£353,978	22% below HPI
2013 23 OCT	£168,500	£210,834	20% below HPI

1 LOVEDEN CLOSE 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 1 LOVEDEN CLOSE sales from October 2013 and September 2023 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 October 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 1 LOVEDEN CLOSE be worth now?

1 LOVEDEN CLOSE might now be worth an estimated £273,458.

This is based on house price deflation of 0.6%, between September 2023 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 0.6% deflationary decrease is applied to the most recent sale price for 1 LOVEDEN CLOSE of £275,000 on 22nd September 2023. For the value to have decreased from £275,000 to £273,458 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 LOVEDEN CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The September 2023 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LOVEDEN CLOSE has not materially changed since September 2023.

How Large is 1 LOVEDEN CLOSE?

1 LOVEDEN CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 50% of detached houses houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Balderton, and where 1 LOVEDEN CLOSE lies on this distribution: 51% of detached houses houses are smaller than 1 LOVEDEN CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Balderton.

1 LOVEDEN CLOSE: Plot and Title Map

1 LOVEDEN CLOSE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 1 LOVEDEN CLOSE, 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 1 LOVEDEN CLOSE). 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 1 LOVEDEN CLOSE?

1 LOVEDEN CLOSE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 1 on LOVEDEN CLOSE.