15, ALVEY ROAD, BALDERTON, NEWARK, NG24 3PE - £250,000

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

15 ALVEY ROAD is a large extended detached house of 128m², built sometime between 1983 and 1990. It was last sold for £250,000 in August 2023, which was around 25% below the average August 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

15 ALVEY ROAD Sold Prices

Land registry data shows two sales for 15 ALVEY ROAD 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 15 ALVEY ROAD 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
2023 10 AUG	£250,000	£332,793	25% below HPI
2015 23 JAN	£177,500	£222,312	20% below HPI

15 ALVEY ROAD 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 15 ALVEY ROAD sales from January 2015 and August 2023 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 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 15 ALVEY ROAD?

15 ALVEY ROAD is 128m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 20% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 15 ALVEY ROAD lies on this distribution: 80% of detached houses are smaller than 15 ALVEY ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Balderton.

15 ALVEY ROAD: Plot and Title Map

15 ALVEY ROAD sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 15 ALVEY ROAD, 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 15 ALVEY ROAD). 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 15 ALVEY ROAD?

15 ALVEY ROAD is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 15 on ALVEY ROAD.