88, LONDON ROAD, NEW BALDERTON, NEWARK, NG24 3AH - £173,000

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

88 LONDON ROAD is a large extended detached house of 124m², built sometime before 1900. It was last sold for £173,000 in March 2016, which was around 26% below the average March 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2012, where the current energy rating was F, and the potential energy rating was B.

88 LONDON ROAD Sold Prices

Land registry data shows two sales for 88 LONDON ROAD 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 88 LONDON 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
2016 3 MAR	£173,000	£235,071	26% below HPI
2000 7 JUL	£84,000	£94,844	11% below HPI

88 LONDON 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 two 88 LONDON ROAD sales from July 2000 and March 2016 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 July 2000 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2016 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 88 LONDON ROAD?

88 LONDON ROAD is 124m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 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 88 LONDON ROAD lies on this distribution: 78% of detached houses are smaller than 88 LONDON ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Balderton.

88 LONDON ROAD: Plot and Title Map

88 LONDON ROAD sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 88 LONDON 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 88 LONDON 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 88 LONDON ROAD?

88 LONDON ROAD is located in NEW BALDERTON, in the NG24 postcode district. The below map shows the position of No. 88 on LONDON ROAD.