9, MEAD WAY, BALDERTON, NEWARK, NG24 3GA - £251,000

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

9 MEAD WAY is a large detached house of 108m², built sometime between 1996 and 2002. It was last sold for £251,000 in July 2021, which was around 14% below the average July 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

9 MEAD WAY Sold Prices

Land registry data shows four sales for 9 MEAD WAY 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. Most of the four 9 MEAD WAY 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 21 JUL	£251,000	£291,982	14% below HPI
2005 25 NOV	£178,000	£207,415	14% below HPI
2002 3 MAY	£110,000	£115,240	5% below HPI
2000 12 MAY	£94,950	£89,960	6% above HPI

9 MEAD WAY 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 9 MEAD WAY sales between May 2000 and July 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 November 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2021 sale, which was also at 14% below the HPI.

How Large is 9 MEAD WAY?

9 MEAD WAY is 108m² according to the EPC inspection conducted in December 2018. This puts it in the largest 40% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 9 MEAD WAY lies on this distribution: 65% of detached houses are smaller than 9 MEAD WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Balderton.

9 MEAD WAY: Plot and Title Map

9 MEAD WAY sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 9 MEAD WAY, 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 MEAD WAY). 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 MEAD WAY?

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