47, RUSSELL AVENUE, NEW BALDERTON, NEWARK, NG24 3BT - £124,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

47 RUSSELL AVENUE is a very small extended detached house of 69m², built sometime between 1950 and 1966, which could now be worth an estimated £222,423. It was last sold for £124,950 in May 2012, which was around 37% below the average May 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

47 RUSSELL AVENUE Sold Prices

Land registry data shows two sales for 47 RUSSELL AVENUE 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 47 RUSSELL AVENUE 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
2012 15 MAY	£124,950	£197,738	37% below HPI
2002 24 SEP	£92,000	£146,950	37% below HPI

47 RUSSELL AVENUE 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 47 RUSSELL AVENUE sales from September 2002 and May 2012 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 September 2002 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2012 sale, which was also at 37% below the HPI.

What might 47 RUSSELL AVENUE be worth now?

47 RUSSELL AVENUE might now be worth an estimated £222,423.

This is based on house price inflation of 78%, between May 2012 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 78% inflationary increase is applied to the most recent sale price for 47 RUSSELL AVENUE of £124,950 on 15th May 2012. For the value to have increased from £124,950 to £222,423 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 47 RUSSELL AVENUE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2012 sale price of £124,950 represented a fair market value for the property.
• The size, condition, and specification of 47 RUSSELL AVENUE has not materially changed since May 2012.

How Large is 47 RUSSELL AVENUE?

47 RUSSELL AVENUE is 69m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% 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 47 RUSSELL AVENUE lies on this distribution: 18% of detached houses houses are smaller than 47 RUSSELL AVENUE, and 82% of houses are larger. Note that EPC data is not available for all properties in Balderton.

47 RUSSELL AVENUE: Plot and Title Map

47 RUSSELL AVENUE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 47 RUSSELL AVENUE, 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 47 RUSSELL AVENUE). 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 47 RUSSELL AVENUE?

47 RUSSELL AVENUE is located in NEW BALDERTON, in the NG24 postcode district. The below map shows the position of No. 47 on RUSSELL AVENUE.