3, THERESA COURT, BALDERTON, NEWARK, NG24 3LB - £180,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 THERESA COURT is a very small detached house of 57m², built sometime between 1976 and 1982, which could now be worth an estimated £182,883. It was last sold for £180,000 in August 2023, which was around 48% below the average August 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was B.

3 THERESA COURT Sold Prices

Land registry data shows three sales for 3 THERESA COURT 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. All of the three 3 THERESA COURT 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
2023 1 AUG	£180,000	£346,444	48% below HPI
2017 20 DEC	£130,000	£273,526	52% below HPI
1996 24 JAN	£54,000	£72,960	26% below HPI

3 THERESA COURT 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 THERESA COURT sales between January 1996 and August 2023 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 December 2017 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the August 2023 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 3 THERESA COURT be worth now?

3 THERESA COURT might now be worth an estimated £182,883.

This is based on house price inflation of 1.6%, between August 2023 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 1.6% inflationary increase is applied to the most recent sale price for 3 THERESA COURT of £180,000 on 1st August 2023. For the value to have increased from £180,000 to £182,883 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 3 THERESA COURT has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The August 2023 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THERESA COURT has not materially changed since August 2023.

How Large is 3 THERESA COURT?

3 THERESA COURT is 57m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% 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 THERESA COURT lies on this distribution: 4% of detached houses houses are smaller than 3 THERESA COURT, and 95% of houses are larger. Note that EPC data is not available for all properties in Balderton.

3 THERESA COURT: Plot and Title Map

3 THERESA COURT sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 3 THERESA COURT, 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 THERESA COURT). 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 THERESA COURT?

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