45, LACEY GREEN, BALDERTON, NEWARK, NG24 3NJ - £305,000

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

45 LACEY GREEN is a midsized extended detached house of 100m², built sometime between 1976 and 1982. It was last sold for £305,000 in June 2024, which was around 10% below the average June 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

45 LACEY GREEN Sold Prices

Land registry data shows three sales for 45 LACEY GREEN 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 45 LACEY GREEN 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
2024 26 JUN	£305,000	£340,673	10% below HPI
2018 4 MAY	£242,000	£256,928	6% below HPI
2008 25 APR	£149,000	£214,234	30% below HPI

45 LACEY GREEN 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 45 LACEY GREEN sales between April 2008 and June 2024 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 May 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2024 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 45 LACEY GREEN?

45 LACEY GREEN is 100m², which includes one extension, according to the EPC inspection conducted in November 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 45 LACEY GREEN lies on this distribution: 56% of detached houses are smaller than 45 LACEY GREEN, and 43% of houses are larger. Note that EPC data is not available for all properties in Balderton.

45 LACEY GREEN: Plot and Title Map

45 LACEY GREEN sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 45 LACEY GREEN, 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 45 LACEY GREEN). 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 45 LACEY GREEN?

45 LACEY GREEN is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 45 on LACEY GREEN.