1, MACAULAY DRIVE, BALDERTON, NEWARK, NG24 3QQ - £173,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MACAULAY DRIVE is a very small extended detached house of 65m², built sometime between 1967 and 1975. It was last sold for £173,000 in September 2016, which was around 30% below the average September 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

1 MACAULAY DRIVE Sold Prices

Land registry data shows four sales for 1 MACAULAY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the four 1 MACAULAY DRIVE 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
2016 23 SEP	£173,000	£248,843	30% below HPI
2007 26 JUN	£164,000	£218,670	25% below HPI
2005 26 OCT	£125,000	£203,941	39% below HPI
1998 6 NOV	£59,950	£86,550	31% below HPI

1 MACAULAY DRIVE 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 four 1 MACAULAY DRIVE sales between November 1998 and September 2016 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 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 MACAULAY DRIVE?

1 MACAULAY DRIVE is 65m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 1 MACAULAY DRIVE lies on this distribution: 12% of detached houses are smaller than 1 MACAULAY DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Balderton.

1 MACAULAY DRIVE: Plot and Title Map

1 MACAULAY DRIVE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 1 MACAULAY DRIVE, 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 MACAULAY DRIVE). 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 MACAULAY DRIVE?

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