48, WORTHINGTON ROAD, BALDERTON, NEWARK, NG24 3RE - £265,000

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

48 WORTHINGTON ROAD is a midsized extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £265,000 in May 2023, which was around 19% below the average May 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

48 WORTHINGTON ROAD Sold Prices

Land registry data shows four sales for 48 WORTHINGTON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the four 48 WORTHINGTON ROAD 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
2023 18 MAY	£265,000	£325,463	19% below HPI
2020 27 MAR	£196,000	£264,335	26% below HPI
2009 6 NOV	£159,000	£204,033	22% below HPI
2001 21 SEP	£83,500	£110,705	25% below HPI

48 WORTHINGTON ROAD 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 four 48 WORTHINGTON ROAD sales between September 2001 and May 2023 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 March 2020 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 48 WORTHINGTON ROAD?

48 WORTHINGTON ROAD is 90m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 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 48 WORTHINGTON ROAD lies on this distribution: 45% of detached houses are smaller than 48 WORTHINGTON ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Balderton.

48 WORTHINGTON ROAD: Plot and Title Map

48 WORTHINGTON ROAD sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 48 WORTHINGTON ROAD, 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 48 WORTHINGTON ROAD). 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 48 WORTHINGTON ROAD?

48 WORTHINGTON ROAD is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 48 on WORTHINGTON ROAD.