16, BAINES AVENUE, NEW BALDERTON, NEWARK, NG24 3BL - £142,500

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.

16 BAINES AVENUE is a very small semi-detached house of 62m², built sometime between 1930 and 1949, which could now be worth an estimated £184,322. It was last sold for £142,500 in February 2020, which was around 10% below the average February 2020 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

16 BAINES AVENUE Sold Prices

Land registry data shows three sales for 16 BAINES AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 16 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
2020 28 FEB	£142,500	£159,067	10% below HPI
2007 7 SEP	£133,950	£139,353	4% below HPI
2007 15 FEB	£95,000	£130,602	27% below HPI

16 BAINES AVENUE 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 three 16 BAINES AVENUE sales between February 2007 and February 2020 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 September 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 16 BAINES AVENUE be worth now?

16 BAINES AVENUE might now be worth an estimated £184,322.

This is based on house price inflation of 29.3%, between February 2020 and February 2025, 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 29.3% inflationary increase is applied to the most recent sale price for 16 BAINES AVENUE of £142,500 on 28th February 2020. For the value to have increased from £142,500 to £184,322 over the five years to February 2025, the following assumptions must hold true:

• The value of 16 BAINES AVENUE has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The February 2020 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 16 BAINES AVENUE has not materially changed since February 2020.

How Large is 16 BAINES AVENUE?

16 BAINES AVENUE is 62m² according to the EPC inspection conducted in September 2019. 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 16 BAINES AVENUE lies on this distribution: 9% of semi-detached houses houses are smaller than 16 BAINES AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Balderton.

16 BAINES AVENUE: Plot and Title Map

16 BAINES AVENUE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 16 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 16 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 16 BAINES AVENUE?

16 BAINES AVENUE is located in NEW BALDERTON, in the NG24 postcode district. The below map shows the position of No. 16 on BAINES AVENUE.