119, ROWAN WAY, NEW BALDERTON, NEWARK, NG24 3BJ - £132,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

119 ROWAN WAY is a very small semi-detached house of 51m², built sometime between 1976 and 1982, which could now be worth an estimated £191,185. It was last sold for £132,500 in January 2017, which was around 9% below the average January 2017 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was A.

119 ROWAN WAY Sold Prices

Land registry data shows two sales for 119 ROWAN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 119 ROWAN 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
2017 10 JAN	£132,500	£145,680	9% below HPI
1995 10 NOV	£33,950	£40,462	16% below HPI

119 ROWAN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two 119 ROWAN WAY sales from November 1995 and January 2017 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 November 1995 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 119 ROWAN WAY be worth now?

119 ROWAN WAY might now be worth an estimated £191,185.

This is based on house price inflation of 44.3%, between January 2017 and December 2024, for semi-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 44.3% inflationary increase is applied to the most recent sale price for 119 ROWAN WAY of £132,500 on 10th January 2017. For the value to have increased from £132,500 to £191,185 over the six years and one month to December 2024, the following assumptions must hold true:

• The value of 119 ROWAN WAY has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The January 2017 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 119 ROWAN WAY has not materially changed since January 2017.

How Large is 119 ROWAN WAY?

119 ROWAN WAY is 51m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of semi-detached houses houses in Balderton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Balderton, and where 119 ROWAN WAY lies on this distribution: 1% of semi-detached houses houses are smaller than 119 ROWAN WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Balderton.

119 ROWAN WAY: Plot and Title Map

119 ROWAN WAY sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 119 ROWAN 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 119 ROWAN 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 119 ROWAN WAY?

119 ROWAN WAY is located in NEW BALDERTON, in the NG24 postcode district. The below map shows the position of No. 119 on ROWAN WAY.