3, MEAD WAY, BALDERTON, NEWARK, NG24 3GA - £187,000

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

3 MEAD WAY is a large detached house of 128m², built sometime between 1996 and 2002. It was last sold for £187,000 in August 2013, which was around 11% below the average August 2013 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was C.

3 MEAD WAY Sold Prices

Land registry data shows three sales for 3 MEAD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Two of the three 3 MEAD WAY sales were for below the average price, whilst one was 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
2013 8 AUG	£187,000	£209,253	11% below HPI
2011 17 FEB	£180,000	£197,029	9% below HPI
2001 21 FEB	£105,000	£97,421	8% above HPI

3 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 three 3 MEAD WAY sales between February 2001 and August 2013 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 February 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2013 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 MEAD WAY?

3 MEAD WAY is 128m² according to the EPC inspection conducted in January 2013. This puts it in the largest 20% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 3 MEAD WAY lies on this distribution: 80% of detached houses are smaller than 3 MEAD WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Balderton.

3 MEAD WAY: Plot and Title Map

3 MEAD WAY sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 3 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 3 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 3 MEAD WAY?

3 MEAD WAY is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 3 on MEAD WAY.