6, MEAD WAY, BALDERTON, NEWARK, NG24 3GA - £155,000

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

6 MEAD WAY is a midsized detached house of 91m², built sometime between 1996 and 2002. It was last sold for £155,000 in February 2020, which was around 44% below the average February 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

6 MEAD WAY Sold Prices

Land registry data shows four sales for 6 MEAD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the four 6 MEAD WAY 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
2020 21 FEB	£155,000	£276,821	44% below HPI
2007 26 OCT	£125,000	£236,025	47% below HPI
2006 21 JUL	£127,000	£218,221	42% below HPI
2000 31 AUG	£69,995	£102,612	32% below HPI

6 MEAD WAY 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 four 6 MEAD WAY sales between August 2000 and February 2020 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 October 2007 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the February 2020 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 6 MEAD WAY be worth now?

6 MEAD WAY might now be worth an estimated £201,030.

This is based on house price inflation of 29.7%, between February 2020 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 29.7% inflationary increase is applied to the most recent sale price for 6 MEAD WAY of £155,000 on 21st February 2020. For the value to have increased from £155,000 to £201,030 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of 6 MEAD WAY has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2020 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MEAD WAY has not materially changed since February 2020.

How Large is 6 MEAD WAY?

6 MEAD WAY is 91m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 50% 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 6 MEAD WAY lies on this distribution: 47% of detached houses houses are smaller than 6 MEAD WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Balderton.

6 MEAD WAY: Plot and Title Map

6 MEAD WAY sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 6 MEAD WAY, 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 6 MEAD WAY). 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 6 MEAD WAY?

6 MEAD WAY is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 6 on MEAD WAY.