7, WETSYKE LANE, BALDERTON, NEWARK, NG24 3NY - £140,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 WETSYKE LANE is a small extended semi-detached house of 77m², built sometime between 1950 and 1966. It was last sold for £140,000 in June 2018, which was around 46% below the average June 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

7 WETSYKE LANE Sold Prices

Land registry data shows two sales for 7 WETSYKE 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 7 WETSYKE LANE 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
2018 1 JUN	£140,000	£259,097	46% below HPI
2005 1 APR	£118,500	£198,859	40% below HPI

7 WETSYKE 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 7 WETSYKE LANE sales from April 2005 and June 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 April 2005 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2018 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 7 WETSYKE LANE?

7 WETSYKE LANE is 77m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 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 7 WETSYKE LANE lies on this distribution: 29% of detached houses are smaller than 7 WETSYKE LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Balderton.

7 WETSYKE LANE: Plot and Title Map

7 WETSYKE LANE sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 7 WETSYKE 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 7 WETSYKE 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 7 WETSYKE LANE?

7 WETSYKE LANE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 7 on WETSYKE LANE.