16, MEAD WAY, BALDERTON, NEWARK, NG24 3GA - £167,500

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 MEAD WAY is a small extended semi-detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £211,542. It was last sold for £167,500 in September 2019, which was around 3% above the average September 2019 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

16 MEAD WAY Sold Prices

Land registry data shows three sales for 16 MEAD 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. All of the three 16 MEAD WAY sales 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
2019 30 SEP	£167,500	£162,915	3% above HPI
2001 21 NOV	£68,000	£60,368	13% above HPI
2000 5 MAY	£65,950	£50,251	31% above HPI

16 MEAD 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 MEAD WAY sales between May 2000 and September 2019 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 2001 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2019 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 16 MEAD WAY be worth now?

16 MEAD WAY might now be worth an estimated £211,542.

This is based on house price inflation of 26.3%, between September 2019 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 26.3% inflationary increase is applied to the most recent sale price for 16 MEAD WAY of £167,500 on 30th September 2019. For the value to have increased from £167,500 to £211,542 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 MEAD WAY has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The September 2019 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 16 MEAD WAY has not materially changed since September 2019.

How Large is 16 MEAD WAY?

16 MEAD WAY is 74m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% 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 MEAD WAY lies on this distribution: 26% of semi-detached houses houses are smaller than 16 MEAD WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Balderton.

16 MEAD WAY: Plot and Title Map

16 MEAD WAY sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 16 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 16 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 16 MEAD WAY?

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