12, SYKES LANE, BALDERTON, NEWARK, NG24 3LT - £135,000

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

12 SYKES LANE is a large detached house of 112m², built sometime between 1950 and 1966. It was last sold for £135,000 in August 2010, which was around 37% below the average August 2010 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

12 SYKES LANE Sold Prices

Land registry data shows two sales for 12 SYKES LANE 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 SYKES LANE 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
2010 11 AUG	£135,000	£212,696	37% below HPI
2004 9 DEC	£146,000	£200,800	27% below HPI

12 SYKES LANE 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 SYKES LANE sales from December 2004 and August 2010 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 December 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2010 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 12 SYKES LANE?

12 SYKES LANE is 112m² according to the EPC inspection conducted in June 2010. 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 12 SYKES LANE lies on this distribution: 71% of detached houses are smaller than 12 SYKES LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Balderton.

12 SYKES LANE: Plot and Title Map

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

12 SYKES LANE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 12 on SYKES LANE.