3, OLDCOBHAM ORCHARD, NEW BALDERTON, NEWARK, NG24 3FH - £147,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 OLDCOBHAM ORCHARD is a very small detached house of 56m², built sometime between 1996 and 2002. It was last sold for £147,000 in November 2013, which was around 28% below the average November 2013 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

3 OLDCOBHAM ORCHARD Sold Prices

Land registry data shows two sales for 3 OLDCOBHAM ORCHARD 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 3 OLDCOBHAM ORCHARD 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
2013 1 NOV	£147,000	£203,347	28% below HPI
1998 15 APR	£54,000	£78,174	31% below HPI

3 OLDCOBHAM ORCHARD 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 3 OLDCOBHAM ORCHARD sales from April 1998 and November 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 April 1998 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2013 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 OLDCOBHAM ORCHARD?

3 OLDCOBHAM ORCHARD is 56m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% 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 OLDCOBHAM ORCHARD lies on this distribution: 4% of detached houses are smaller than 3 OLDCOBHAM ORCHARD, and 96% of houses are larger. Note that EPC data is not available for all properties in Balderton.

3 OLDCOBHAM ORCHARD: Plot and Title Map

3 OLDCOBHAM ORCHARD sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 3 OLDCOBHAM ORCHARD, 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 OLDCOBHAM ORCHARD). 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 OLDCOBHAM ORCHARD?

3 OLDCOBHAM ORCHARD is located in NEW BALDERTON, in the NG24 postcode district. The below map shows the position of No. 3 on OLDCOBHAM ORCHARD.