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

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

5 CLEMENT AVENUE is a large extended detached house of 111m², built sometime between 1950 and 1966. It was last sold for £174,000 in October 2015, which was around 27% 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 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
2015 15 OCT	£174,000	£239,424	27% below HPI
2003 3 DEC	£182,000	£175,352	4% above 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 was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2015 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

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 in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 5 CLEMENT AVENUE lies on this distribution: 69% of detached 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.