5, SIBCY LANE, BALDERTON, NEWARK, NG24 3LR - £335,000

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 SIBCY LANE is a small extended detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £412,796. It was last sold for £335,000 in November 2018, which was around 17% above the average November 2018 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.

5 SIBCY LANE Sold Prices

Land registry data shows two sales for 5 SIBCY 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 5 SIBCY 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
2018 9 NOV	£335,000	£285,656	17% above HPI
2012 25 JUN	£203,000	£198,899	2% above HPI

5 SIBCY 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 5 SIBCY LANE sales from June 2012 and November 2018 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 June 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2018 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 5 SIBCY LANE be worth now?

5 SIBCY LANE might now be worth an estimated £412,796.

This is based on house price inflation of 23.2%, between November 2018 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 23.2% inflationary increase is applied to the most recent sale price for 5 SIBCY LANE of £335,000 on 9th November 2018. For the value to have increased from £335,000 to £412,796 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 SIBCY LANE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2018 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SIBCY LANE has not materially changed since November 2018.

How Large is 5 SIBCY LANE?

5 SIBCY LANE is 81m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% 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 SIBCY LANE lies on this distribution: 34% of detached houses houses are smaller than 5 SIBCY LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Balderton.

5 SIBCY LANE: Plot and Title Map

5 SIBCY LANE sits on a plot of roughly 0.341 of an acre, or 1,382m². The below map shows the location of 5 SIBCY 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 5 SIBCY 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 5 SIBCY LANE?

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