11, MEAD WAY, BALDERTON, NEWARK, NG24 3GA - £144,000

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

11 MEAD WAY is a large extended detached house of 111m², built sometime between 2003 and 2006. It was last sold for £144,000 in October 2009, which was around 29% below the average October 2009 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

11 MEAD WAY Sold Prices

Land registry data shows three sales for 11 MEAD WAY 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 11 MEAD WAY 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
2009 2 OCT	£144,000	£202,637	29% below HPI
2005 4 JUL	£158,000	£205,901	23% below HPI
2005 18 MAY	£153,000	£204,360	25% below HPI

11 MEAD WAY 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 11 MEAD WAY sales between May 2005 and October 2009 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 July 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2009 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 11 MEAD WAY?

11 MEAD WAY is 111m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 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 11 MEAD WAY lies on this distribution: 69% of detached houses are smaller than 11 MEAD WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Balderton.

11 MEAD WAY: Plot and Title Map

11 MEAD WAY sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 11 MEAD WAY, 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 11 MEAD WAY). 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 11 MEAD WAY?

11 MEAD WAY is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 11 on MEAD WAY.