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
33 WETSYKE LANE is a very large extended detached house of 133m², built sometime between 1996 and 2002. It was last sold for £184,000 in November 2004, which was around 8% below the average November 2004 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 33 WETSYKE LANE since 1st 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 33 WETSYKE LANE 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 |
---|---|---|---|
2004 5 NOV | £184,000 | £200,478 | 8% below HPI |
1998 30 OCT | £79,950 | £87,440 | 9% below HPI |
1996 25 JUL | £70,000 | £75,635 | 7% below HPI |
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 33 WETSYKE LANE sales between July 1996 and November 2004 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 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2004 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.
33 WETSYKE LANE is 133m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 20% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 33 WETSYKE LANE lies on this distribution: 82% of detached houses are smaller than 33 WETSYKE LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Balderton.
33 WETSYKE LANE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 33 WETSYKE LANE, 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 33 WETSYKE LANE). 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.
33 WETSYKE LANE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 33 on WETSYKE LANE.