81, MACAULAY DRIVE, BALDERTON, NEWARK, NG24 3QJ - £236,000

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.

81 MACAULAY DRIVE is a large extended detached house of 109m², built sometime between 1950 and 1966, which could now be worth an estimated £278,840. It was last sold for £236,000 in May 2021, which was around 21% below the average May 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

81 MACAULAY DRIVE Sold Prices

Land registry data shows four sales for 81 MACAULAY DRIVE 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 81 MACAULAY DRIVE 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
2021 13 MAY	£236,000	£297,914	21% below HPI
2020 27 MAR	£230,000	£275,177	16% below HPI
2006 5 MAY	£156,000	£213,949	27% below HPI
1996 30 AUG	£47,500	£79,142	40% below HPI

81 MACAULAY DRIVE 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 81 MACAULAY DRIVE sales between August 1996 and May 2021 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 March 2020 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 81 MACAULAY DRIVE be worth now?

81 MACAULAY DRIVE might now be worth an estimated £278,840.

This is based on house price inflation of 18.2%, between May 2021 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 18.2% inflationary increase is applied to the most recent sale price for 81 MACAULAY DRIVE of £236,000 on 13th May 2021. For the value to have increased from £236,000 to £278,840 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 81 MACAULAY DRIVE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2021 sale price of £236,000 represented a fair market value for the property.
• The size, condition, and specification of 81 MACAULAY DRIVE has not materially changed since May 2021.

How Large is 81 MACAULAY DRIVE?

81 MACAULAY DRIVE is 109m², which includes three extensions, according to the EPC inspection conducted in February 2020. 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 81 MACAULAY DRIVE lies on this distribution: 66% of detached houses houses are smaller than 81 MACAULAY DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Balderton.

81 MACAULAY DRIVE: Plot and Title Map

81 MACAULAY DRIVE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 81 MACAULAY DRIVE, 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 81 MACAULAY DRIVE). 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 81 MACAULAY DRIVE?

81 MACAULAY DRIVE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 81 on MACAULAY DRIVE.