31, ALVEY ROAD, BALDERTON, NEWARK, NG24 3PE - £162,000

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

31 ALVEY ROAD is a midsized extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £162,000 in November 2017, which was around 39% below the average November 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

31 ALVEY ROAD Sold Prices

Land registry data shows three sales for 31 ALVEY ROAD 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 31 ALVEY ROAD 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
2017 17 NOV	£162,000	£264,247	39% below HPI
2003 17 OCT	£125,000	£169,431	26% below HPI
1997 18 JUL	£57,000	£79,172	28% below HPI

31 ALVEY ROAD 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 31 ALVEY ROAD sales between July 1997 and November 2017 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2017 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 31 ALVEY ROAD?

31 ALVEY ROAD is 98m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 31 ALVEY ROAD lies on this distribution: 53% of detached houses are smaller than 31 ALVEY ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Balderton.

31 ALVEY ROAD: Plot and Title Map

31 ALVEY ROAD sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 31 ALVEY ROAD, 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 31 ALVEY ROAD). 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 31 ALVEY ROAD?

31 ALVEY ROAD is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 31 on ALVEY ROAD.