1A, SHERIDAN CLOSE, BALDERTON, NEWARK, NG24 3RB - £235,000

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

1A SHERIDAN CLOSE is a large detached house of 105m², built sometime between 1983 and 1990. It was last sold for £235,000 in June 2021, which was around 20% below the average June 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

1A SHERIDAN CLOSE Sold Prices

Land registry data shows two sales for 1A SHERIDAN CLOSE 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 1A SHERIDAN CLOSE 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
2021 21 JUN	£235,000	£293,503	20% below HPI
1996 16 JUL	£62,000	£75,635	18% below HPI

1A SHERIDAN CLOSE 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 1A SHERIDAN CLOSE sales from July 1996 and June 2021 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 July 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1A SHERIDAN CLOSE?

1A SHERIDAN CLOSE is 105m² according to the EPC inspection conducted in October 2020. This puts it in the largest 40% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 1A SHERIDAN CLOSE lies on this distribution: 62% of detached houses are smaller than 1A SHERIDAN CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Balderton.

1A SHERIDAN CLOSE: Plot and Title Map

1A SHERIDAN CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 1A SHERIDAN CLOSE, 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 1A SHERIDAN CLOSE). 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 1A SHERIDAN CLOSE?

1A SHERIDAN CLOSE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 1A on SHERIDAN CLOSE.