Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
76 SOUTHFIELD is a midsized extended detached house of 87m², built sometime between 1996 and 2002. It was last sold for £260,000 in February 2024, which was around 20% below the average February 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 76 SOUTHFIELD since 1st 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 76 SOUTHFIELD 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 |
---|---|---|---|
2024 23 FEB | £260,000 | £326,689 | 20% below HPI |
2023 30 NOV | £260,000 | £334,706 | 22% below HPI |
2005 21 OCT | £165,000 | £203,941 | 19% below HPI |
1995 7 AUG | £59,995 | £73,753 | 19% below HPI |
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 76 SOUTHFIELD sales between August 1995 and February 2024 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 November 2023 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2024 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
76 SOUTHFIELD is 87m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the smallest 50% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 76 SOUTHFIELD lies on this distribution: 41% of detached houses are smaller than 76 SOUTHFIELD, and 57% of houses are larger. Note that EPC data is not available for all properties in Balderton.
76 SOUTHFIELD sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 76 SOUTHFIELD, 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 76 SOUTHFIELD). 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.
76 SOUTHFIELD is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 76 on SOUTHFIELD.