57A, WOLFIT AVENUE, BALDERTON, NEWARK, NG24 3PQ - £44,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

57A WOLFIT AVENUE is a small detached house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £198,960. It was last sold for £44,000 in December 1997, which was around 45% below the average December 1997 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was B.

57A WOLFIT AVENUE Sold Prices

Land registry data shows two sales for 57A WOLFIT 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. Both of the two 57A WOLFIT AVENUE 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
1997 10 DEC	£44,000	£79,399	45% below HPI
1995 9 MAR	£30,000	£71,342	58% below HPI

57A WOLFIT 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 57A WOLFIT AVENUE sales from March 1995 and December 1997 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 1995 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the December 1997 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 57A WOLFIT AVENUE be worth now?

57A WOLFIT AVENUE might now be worth an estimated £198,960.

This is based on house price inflation of 352.2%, between December 1997 and December 2024, 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 352.2% inflationary increase is applied to the most recent sale price for 57A WOLFIT AVENUE of £44,000 on 10th December 1997. For the value to have increased from £44,000 to £198,960 over the 27 years to December 2024, the following assumptions must hold true:

• The value of 57A WOLFIT AVENUE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 1997 sale price of £44,000 represented a fair market value for the property.
• The size, condition, and specification of 57A WOLFIT AVENUE has not materially changed since December 1997.

How Large is 57A WOLFIT AVENUE?

57A WOLFIT AVENUE is 70m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 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 57A WOLFIT AVENUE lies on this distribution: 21% of detached houses houses are smaller than 57A WOLFIT AVENUE, and 78% of houses are larger. Note that EPC data is not available for all properties in Balderton.

57A WOLFIT AVENUE: Plot and Title Map

57A WOLFIT AVENUE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 57A WOLFIT 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 57A WOLFIT 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 57A WOLFIT AVENUE?

57A WOLFIT AVENUE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 57A on WOLFIT AVENUE.