4A, SYKES LANE, BALDERTON, NEWARK, NG24 3LT - £307,000

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.

4A SYKES LANE is a very large detached house of 135m², built sometime between 1996 and 2002, which could now be worth an estimated £401,792. It was last sold for £307,000 in April 2019, which was around 14% above the average April 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

4A SYKES LANE Sold Prices

Land registry data shows two sales for 4A SYKES LANE 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 4A SYKES LANE sales were for above 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
2019 3 APR	£307,000	£268,950	14% above HPI
1999 24 SEP	£120,000	£93,348	29% above HPI

4A SYKES LANE 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 4A SYKES LANE sales from September 1999 and April 2019 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 1999 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the April 2019 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 4A SYKES LANE be worth now?

4A SYKES LANE might now be worth an estimated £401,792.

This is based on house price inflation of 30.9%, between April 2019 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 30.9% inflationary increase is applied to the most recent sale price for 4A SYKES LANE of £307,000 on 3rd April 2019. For the value to have increased from £307,000 to £401,792 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 4A SYKES LANE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The April 2019 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of 4A SYKES LANE has not materially changed since April 2019.

How Large is 4A SYKES LANE?

4A SYKES LANE is 135m² according to the EPC inspection conducted in June 2018. This puts it in the largest 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 4A SYKES LANE lies on this distribution: 84% of detached houses houses are smaller than 4A SYKES LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Balderton.

4A SYKES LANE: Plot and Title Map

4A SYKES LANE sits on a plot of roughly 0.203 of an acre, or 820m². The below map shows the location of 4A SYKES LANE, 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 4A SYKES LANE). 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 4A SYKES LANE?

4A SYKES LANE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 4A on SYKES LANE.