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

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

47 RUSSELL AVENUE is a very small extended detached house of 69m², built sometime between 1950 and 1966. It was last sold for £124,950 in May 2012, which was around 34% 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	£189,946	34% below HPI
2002 24 SEP	£92,000	£141,160	35% 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2012 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

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 in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 47 RUSSELL AVENUE lies on this distribution: 18% of detached 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.