8, COLERIDGE ROAD, BALDERTON, NEWARK, NG24 3QS - £228,500

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.

8 COLERIDGE ROAD is a midsized extended detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £280,299. It was last sold for £228,500 in August 2020, which was around 20% below the average August 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

8 COLERIDGE ROAD Sold Prices

Land registry data shows three sales for 8 COLERIDGE 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 8 COLERIDGE 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 14 AUG	£228,500	£286,945	20% below HPI
2001 23 NOV	£86,950	£115,392	25% below HPI
1996 12 SEP	£58,000	£79,987	27% below HPI

8 COLERIDGE 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 8 COLERIDGE ROAD sales between September 1996 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 November 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 8 COLERIDGE ROAD be worth now?

8 COLERIDGE ROAD might now be worth an estimated £280,299.

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 8 COLERIDGE ROAD of £228,500 on 14th August 2020. For the value to have increased from £228,500 to £280,299 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 8 COLERIDGE 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 £228,500 represented a fair market value for the property.
• The size, condition, and specification of 8 COLERIDGE ROAD has not materially changed since August 2020.

How Large is 8 COLERIDGE ROAD?

8 COLERIDGE ROAD is 96m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 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 8 COLERIDGE ROAD lies on this distribution: 51% of detached houses houses are smaller than 8 COLERIDGE ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Balderton.

8 COLERIDGE ROAD: Plot and Title Map

8 COLERIDGE ROAD sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 8 COLERIDGE 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 8 COLERIDGE 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 8 COLERIDGE ROAD?

8 COLERIDGE ROAD is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 8 on COLERIDGE ROAD.