3, SAPLING CLOSE, NEW BALDERTON, NEWARK, NG24 3FB - £182,000

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

3 SAPLING CLOSE is a very small detached house of 67m², built sometime between 1991 and 1995, which could now be worth an estimated £275,070. It was last sold for £182,000 in October 2014, which was around 22% below the average October 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

3 SAPLING CLOSE Sold Prices

Land registry data shows two sales for 3 SAPLING 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 3 SAPLING 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
2014 31 OCT	£182,000	£232,896	22% below HPI
2000 8 SEP	£73,000	£106,998	32% below HPI

3 SAPLING 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 3 SAPLING CLOSE sales from September 2000 and October 2014 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 September 2000 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2014 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 SAPLING CLOSE be worth now?

3 SAPLING CLOSE might now be worth an estimated £275,070.

This is based on house price inflation of 51.1%, between October 2014 and February 2025, for 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 51.1% inflationary increase is applied to the most recent sale price for 3 SAPLING CLOSE of £182,000 on 31st October 2014. For the value to have increased from £182,000 to £275,070 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 SAPLING CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The October 2014 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SAPLING CLOSE has not materially changed since October 2014.

How Large is 3 SAPLING CLOSE?

3 SAPLING CLOSE is 67m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of detached houses houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Balderton, and where 3 SAPLING CLOSE lies on this distribution: 15% of detached houses houses are smaller than 3 SAPLING CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Balderton.

3 SAPLING CLOSE: Plot and Title Map

3 SAPLING CLOSE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 3 SAPLING 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 3 SAPLING 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 3 SAPLING CLOSE?

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