62, WORTHINGTON ROAD, BALDERTON, NEWARK, NG24 3RE - £198,000

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.

62 WORTHINGTON ROAD is a large detached house of 103m², built sometime between 1983 and 1990, which could now be worth an estimated £242,885. It was last sold for £198,000 in August 2020, which was around 31% below the average August 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

62 WORTHINGTON ROAD Sold Prices

Land registry data shows three sales for 62 WORTHINGTON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 62 WORTHINGTON ROAD 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 3 AUG	£198,000	£286,945	31% below HPI
2007 31 AUG	£160,000	£233,422	31% below HPI
2002 28 FEB	£88,000	£115,592	24% below HPI

62 WORTHINGTON ROAD 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 three 62 WORTHINGTON ROAD sales between February 2002 and August 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 August 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2020 sale, which was also at 31% below the HPI.

What might 62 WORTHINGTON ROAD be worth now?

62 WORTHINGTON ROAD might now be worth an estimated £242,885.

This is based on house price inflation of 22.7%, between August 2020 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 22.7% inflationary increase is applied to the most recent sale price for 62 WORTHINGTON ROAD of £198,000 on 3rd August 2020. For the value to have increased from £198,000 to £242,885 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 62 WORTHINGTON ROAD has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The August 2020 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 62 WORTHINGTON ROAD has not materially changed since August 2020.

How Large is 62 WORTHINGTON ROAD?

62 WORTHINGTON ROAD is 103m² according to the EPC inspection conducted in August 2019. This puts it in the largest 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 62 WORTHINGTON ROAD lies on this distribution: 60% of detached houses houses are smaller than 62 WORTHINGTON ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Balderton.

62 WORTHINGTON ROAD: Plot and Title Map

62 WORTHINGTON ROAD sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 62 WORTHINGTON ROAD, 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 62 WORTHINGTON ROAD). 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 62 WORTHINGTON ROAD?

62 WORTHINGTON ROAD is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 62 on WORTHINGTON ROAD.