88, MACAULAY DRIVE, BALDERTON, NEWARK, NG24 3QJ - £167,000

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 MACAULAY DRIVE is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £167,000 in August 2015, which was around 28% below the average August 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

88 MACAULAY DRIVE Sold Prices

Land registry data shows two sales for 88 MACAULAY DRIVE 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 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
2015 21 AUG	£167,000	£230,828	28% below HPI
2006 24 OCT	£156,000	£211,158	26% below HPI

88 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 two 88 MACAULAY DRIVE sales from October 2006 and August 2015 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 October 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 88 MACAULAY DRIVE?

88 MACAULAY DRIVE is 67m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% 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 MACAULAY DRIVE lies on this distribution: 14% of detached houses are smaller than 88 MACAULAY DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Balderton.

88 MACAULAY DRIVE: Plot and Title Map

88 MACAULAY DRIVE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 88 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 88 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 88 MACAULAY DRIVE?

88 MACAULAY DRIVE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 88 on MACAULAY DRIVE.