38, SOUTHFIELD, BALDERTON, NEWARK, NG24 3QB - £137,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 SOUTHFIELD is a small extended detached house of 70m², built sometime between 1991 and 1995. It was last sold for £137,500 in October 2018, which was around 50% below the average October 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

38 SOUTHFIELD Sold Prices

Land registry data shows two sales for 38 SOUTHFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 38 SOUTHFIELD 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 3 OCT	£137,500	£276,728	50% below HPI
2007 18 JAN	£134,500	£212,257	37% below HPI

38 SOUTHFIELD 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 two 38 SOUTHFIELD sales from January 2007 and October 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 January 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2018 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 38 SOUTHFIELD?

38 SOUTHFIELD is 70m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 38 SOUTHFIELD lies on this distribution: 21% of detached houses are smaller than 38 SOUTHFIELD, and 78% of houses are larger. Note that EPC data is not available for all properties in Balderton.

38 SOUTHFIELD: Plot and Title Map

38 SOUTHFIELD sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 38 SOUTHFIELD, 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 38 SOUTHFIELD). 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 38 SOUTHFIELD?

38 SOUTHFIELD is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 38 on SOUTHFIELD.