5, CLEMENT AVENUE, BALDERTON, NEWARK, NG24 3NT - £174,000

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.

5 CLEMENT AVENUE is a large extended detached house of 111m², built sometime between 1950 and 1966, which could now be worth an estimated £245,730. It was last sold for £174,000 in October 2015, which was around 30% below the average October 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

5 CLEMENT AVENUE Sold Prices

Land registry data shows two sales for 5 CLEMENT 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. One of the two 5 CLEMENT AVENUE sales was for below the average price, whilst the other was roughly equal to 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
2015 15 OCT	£174,000	£249,244	30% below HPI
2003 3 DEC	£182,000	£182,545	Close to HPI

5 CLEMENT 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 5 CLEMENT AVENUE sales from December 2003 and October 2015 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 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 5 CLEMENT AVENUE be worth now?

5 CLEMENT AVENUE might now be worth an estimated £245,730.

This is based on house price inflation of 41.2%, between October 2015 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 41.2% inflationary increase is applied to the most recent sale price for 5 CLEMENT AVENUE of £174,000 on 15th October 2015. For the value to have increased from £174,000 to £245,730 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 CLEMENT AVENUE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The October 2015 sale price of £174,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CLEMENT AVENUE has not materially changed since October 2015.

How Large is 5 CLEMENT AVENUE?

5 CLEMENT AVENUE is 111m², which includes three extensions, according to the EPC inspection conducted in December 2013. 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 5 CLEMENT AVENUE lies on this distribution: 69% of detached houses houses are smaller than 5 CLEMENT AVENUE, and 30% of houses are larger. Note that EPC data is not available for all properties in Balderton.

5 CLEMENT AVENUE: Plot and Title Map

5 CLEMENT AVENUE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 5 CLEMENT 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 5 CLEMENT 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 5 CLEMENT AVENUE?

5 CLEMENT AVENUE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 5 on CLEMENT AVENUE.