45, SOUTHFIELD, BALDERTON, NEWARK, NG24 3QB - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

45 SOUTHFIELD is a large extended detached house of 119m², built sometime between 1991 and 1995, which could now be worth an estimated £247,893. It was last sold for £250,000 in November 2024, which was around 30% below the average November 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

45 SOUTHFIELD Sold Prices

Land registry data shows five sales for 45 SOUTHFIELD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the five 45 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
2024 29 NOV	£250,000	£354,985	30% below HPI
2004 14 DEC	£176,500	£209,037	16% below HPI
2001 28 SEP	£95,000	£115,246	18% below HPI
2001 26 JAN	£80,000	£102,462	22% below HPI
1996 26 APR	£64,000	£75,215	15% below HPI

45 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 five 45 SOUTHFIELD sales between April 1996 and November 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 December 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 45 SOUTHFIELD be worth now?

45 SOUTHFIELD might now be worth an estimated £247,893.

This is based on house price deflation of 0.8%, between November 2024 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.8% deflationary decrease is applied to the most recent sale price for 45 SOUTHFIELD of £250,000 on 29th November 2024. For the value to have decreased from £250,000 to £247,893 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 45 SOUTHFIELD has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2024 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 45 SOUTHFIELD has not materially changed since November 2024.

How Large is 45 SOUTHFIELD?

45 SOUTHFIELD is 119m², which includes three extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 30% of detached houses houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Balderton, and where 45 SOUTHFIELD lies on this distribution: 75% of detached houses houses are smaller than 45 SOUTHFIELD, and 24% of houses are larger. Note that EPC data is not available for all properties in Balderton.

45 SOUTHFIELD: Plot and Title Map

45 SOUTHFIELD sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 45 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 45 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 45 SOUTHFIELD?

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