3, WESLEY CLOSE, BALDERTON, NEWARK, NG24 3LH - £290,000

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 WESLEY CLOSE is a very large detached house of 154m², built sometime between 1967 and 1975, which could now be worth an estimated £374,608. It was last sold for £290,000 in August 2018, which was around 4% above the average August 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

3 WESLEY CLOSE Sold Prices

Land registry data shows four sales for 3 WESLEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. two of the four 3 WESLEY CLOSE sales were for above the average price, and four 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
2018 1 AUG	£290,000	£277,939	4% above HPI
2003 24 OCT	£157,000	£176,381	11% below HPI
1999 19 MAR	£89,500	£83,999	7% above HPI
1997 19 MAR	£75,000	£75,977	1% below HPI

3 WESLEY 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 four 3 WESLEY CLOSE sales between March 1997 and August 2018 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 October 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2018 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 3 WESLEY CLOSE be worth now?

3 WESLEY CLOSE might now be worth an estimated £374,608.

This is based on house price inflation of 29.2%, between August 2018 and December 2024, 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 29.2% inflationary increase is applied to the most recent sale price for 3 WESLEY CLOSE of £290,000 on 1st August 2018. For the value to have increased from £290,000 to £374,608 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 3 WESLEY CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The August 2018 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WESLEY CLOSE has not materially changed since August 2018.

How Large is 3 WESLEY CLOSE?

3 WESLEY CLOSE is 154m² according to the EPC inspection conducted in February 2019. This puts it in the largest 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 WESLEY CLOSE lies on this distribution: 89% of detached houses houses are smaller than 3 WESLEY CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Balderton.

3 WESLEY CLOSE: Plot and Title Map

3 WESLEY CLOSE sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 3 WESLEY 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 WESLEY 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 WESLEY CLOSE?

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