15, MEAD WAY, BALDERTON, NEWARK, NG24 3GA - £260,000

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

15 MEAD WAY is a large detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £288,971. It was last sold for £260,000 in April 2022, which was around 20% below the average April 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

15 MEAD WAY Sold Prices

Land registry data shows two sales for 15 MEAD WAY 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 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
2022 26 APR	£260,000	£323,033	20% below HPI
2000 25 AUG	£82,950	£102,612	19% below HPI

15 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 two 15 MEAD WAY sales from August 2000 and April 2022 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 August 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 15 MEAD WAY be worth now?

15 MEAD WAY might now be worth an estimated £288,971.

This is based on house price inflation of 11.1%, between April 2022 and December 2024, 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 11.1% inflationary increase is applied to the most recent sale price for 15 MEAD WAY of £260,000 on 26th April 2022. For the value to have increased from £260,000 to £288,971 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of 15 MEAD WAY has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The April 2022 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MEAD WAY has not materially changed since April 2022.

How Large is 15 MEAD WAY?

15 MEAD WAY is 104m² according to the EPC inspection conducted in August 2021. This puts it in the largest 40% 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 15 MEAD WAY lies on this distribution: 61% of detached houses houses are smaller than 15 MEAD WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Balderton.

15 MEAD WAY: Plot and Title Map

15 MEAD WAY sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 15 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 15 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 15 MEAD WAY?

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