37, MACAULAY DRIVE, BALDERTON, NEWARK, NG24 3QJ - £215,000

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

37 MACAULAY DRIVE is a very small detached house of 64m², built sometime between 1976 and 1982. It was last sold for £215,000 in May 2018, which was around 16% below the average May 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

37 MACAULAY DRIVE Sold Prices

Land registry data shows three sales for 37 MACAULAY DRIVE 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 37 MACAULAY DRIVE 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
2018 16 MAY	£215,000	£256,928	16% below HPI
2006 28 JUL	£164,950	£209,622	21% below HPI
2001 19 OCT	£81,000	£111,058	27% below HPI

37 MACAULAY DRIVE 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 37 MACAULAY DRIVE sales between October 2001 and May 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 July 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 37 MACAULAY DRIVE?

37 MACAULAY DRIVE is 64m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 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 37 MACAULAY DRIVE lies on this distribution: 11% of detached houses are smaller than 37 MACAULAY DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Balderton.

37 MACAULAY DRIVE: Plot and Title Map

37 MACAULAY DRIVE sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 37 MACAULAY DRIVE, 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 37 MACAULAY DRIVE). 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 37 MACAULAY DRIVE?

37 MACAULAY DRIVE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 37 on MACAULAY DRIVE.