16, HERON WAY, NEW BALDERTON, NEWARK, NG24 3DD - £145,000

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

16 HERON WAY is a very small semi-detached house of 67m², built sometime between 1991 and 1995, which could now be worth an estimated £199,486. It was last sold for £145,000 in May 2018, which was around 5% below the average May 2018 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2013, where the current energy rating was B, and the potential energy rating was B.

16 HERON WAY Sold Prices

Land registry data shows three sales for 16 HERON WAY 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. One of the three 16 HERON WAY sales was for below the average price, whilst two were for above 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
2018 31 MAY	£145,000	£152,789	5% below HPI
2000 3 NOV	£57,000	£54,987	4% above HPI
2000 14 APR	£50,200	£49,516	1% above HPI

16 HERON WAY 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 HERON WAY sales between April 2000 and May 2018 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 November 2000 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 16 HERON WAY be worth now?

16 HERON WAY might now be worth an estimated £199,486.

This is based on house price inflation of 37.6%, between May 2018 and December 2024, 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 37.6% inflationary increase is applied to the most recent sale price for 16 HERON WAY of £145,000 on 31st May 2018. For the value to have increased from £145,000 to £199,486 over the five years and five months to December 2024, the following assumptions must hold true:

• The value of 16 HERON WAY has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The May 2018 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HERON WAY has not materially changed since May 2018.

How Large is 16 HERON WAY?

16 HERON WAY is 67m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 20% 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 HERON WAY lies on this distribution: 14% of semi-detached houses houses are smaller than 16 HERON WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Balderton.

16 HERON WAY: Plot and Title Map

16 HERON WAY sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 16 HERON 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 16 HERON 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 16 HERON WAY?

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