1, MARLOWE DRIVE, BALDERTON, NEWARK, NG24 3QZ - £249,950

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 MARLOWE DRIVE is a midsized detached house of 101m², built sometime from 2007 onwards. It was last sold for £249,950 in May 2014, which was around 17% above the average May 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

1 MARLOWE DRIVE Sold Prices

Land registry data shows two sales for 1 MARLOWE DRIVE 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. One of the two 1 MARLOWE DRIVE sales was for above the average price, whilst the other was 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
2014 29 MAY	£249,950	£213,982	17% above HPI
2007 3 JAN	£140,000	£212,257	34% below HPI

1 MARLOWE 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 two 1 MARLOWE DRIVE sales from January 2007 and May 2014 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 January 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2014 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 1 MARLOWE DRIVE?

1 MARLOWE DRIVE is 101m² according to the EPC inspection conducted in February 2009. This puts it in the largest 50% 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 MARLOWE DRIVE lies on this distribution: 57% of detached houses are smaller than 1 MARLOWE DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Balderton.

1 MARLOWE DRIVE: Plot and Title Map

1 MARLOWE DRIVE sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 1 MARLOWE 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 MARLOWE 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 MARLOWE DRIVE?

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