9, GRANBY DRIVE, BALDERTON, NEWARK, NG24 3JD - £237,500

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.

9 GRANBY DRIVE is a large extended detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £296,989. It was last sold for £237,500 in December 2019, which was around 16% below the average December 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

9 GRANBY DRIVE Sold Prices

Land registry data shows three sales for 9 GRANBY DRIVE 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 9 GRANBY 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
2019 6 DEC	£237,500	£283,969	16% below HPI
2006 3 NOV	£176,000	£218,163	19% below HPI
2001 30 NOV	£25,000	£115,392	78% below HPI

9 GRANBY 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 three 9 GRANBY DRIVE sales between November 2001 and December 2019 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 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 9 GRANBY DRIVE be worth now?

9 GRANBY DRIVE might now be worth an estimated £296,989.

This is based on house price inflation of 25%, between December 2019 and March 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 25% inflationary increase is applied to the most recent sale price for 9 GRANBY DRIVE of £237,500 on 6th December 2019. For the value to have increased from £237,500 to £296,989 over the six years and nine months to March 2025, the following assumptions must hold true:

• The value of 9 GRANBY DRIVE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2019 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 9 GRANBY DRIVE has not materially changed since December 2019.

How Large is 9 GRANBY DRIVE?

9 GRANBY DRIVE is 104m², which includes two extensions, according to the EPC inspection conducted in September 2022. 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 9 GRANBY DRIVE lies on this distribution: 61% of detached houses houses are smaller than 9 GRANBY DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Balderton.

9 GRANBY DRIVE: Plot and Title Map

9 GRANBY DRIVE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 9 GRANBY 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 9 GRANBY 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 9 GRANBY DRIVE?

9 GRANBY DRIVE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 9 on GRANBY DRIVE.