12, BAINES AVENUE, NEW BALDERTON, NEWARK, NG24 3BL - £250,000

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.

12 BAINES AVENUE is a midsized extended detached house of 102m², built sometime between 1900 and 1929, which could now be worth an estimated £309,050. It was last sold for £250,000 in November 2019, which was around 12% below the average November 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was B.

12 BAINES AVENUE Sold Prices

Land registry data shows two sales for 12 BAINES AVENUE 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 12 BAINES AVENUE 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
2019 22 NOV	£250,000	£284,738	12% below HPI
2009 15 APR	£162,500	£199,453	19% below HPI

12 BAINES AVENUE 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 12 BAINES AVENUE sales from April 2009 and November 2019 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 April 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 12 BAINES AVENUE be worth now?

12 BAINES AVENUE might now be worth an estimated £309,050.

This is based on house price inflation of 23.6%, between November 2019 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 23.6% inflationary increase is applied to the most recent sale price for 12 BAINES AVENUE of £250,000 on 22nd November 2019. For the value to have increased from £250,000 to £309,050 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 BAINES AVENUE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BAINES AVENUE has not materially changed since November 2019.

How Large is 12 BAINES AVENUE?

12 BAINES AVENUE is 102m², which includes two extensions, according to the EPC inspection conducted in March 2019. 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 12 BAINES AVENUE lies on this distribution: 59% of detached houses houses are smaller than 12 BAINES AVENUE, and 40% of houses are larger. Note that EPC data is not available for all properties in Balderton.

12 BAINES AVENUE: Plot and Title Map

12 BAINES AVENUE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 12 BAINES AVENUE, 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 12 BAINES AVENUE). 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 12 BAINES AVENUE?

12 BAINES AVENUE is located in NEW BALDERTON, in the NG24 postcode district. The below map shows the position of No. 12 on BAINES AVENUE.