10, LOWFIELD LANE, BALDERTON, NEWARK, NG24 3HL - £107,500

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.

10 LOWFIELD LANE is a small semi-detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £141,558. It was last sold for £107,500 in August 2018, which was around 32% below the average August 2018 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was C.

10 LOWFIELD LANE Sold Prices

Land registry data shows two sales for 10 LOWFIELD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 10 LOWFIELD LANE 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
2018 10 AUG	£107,500	£158,976	32% below HPI
2010 14 JUN	£95,000	£120,217	21% below HPI

10 LOWFIELD LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two 10 LOWFIELD LANE sales from June 2010 and August 2018 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 June 2010 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 10 LOWFIELD LANE be worth now?

10 LOWFIELD LANE might now be worth an estimated £141,558.

This is based on house price inflation of 31.7%, between August 2018 and May 2026, for semi-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 31.7% inflationary increase is applied to the most recent sale price for 10 LOWFIELD LANE of £107,500 on 10th August 2018. For the value to have increased from £107,500 to £141,558 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 10 LOWFIELD LANE has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The August 2018 sale price of £107,500 represented a fair market value for the property.
• The size, condition, and specification of 10 LOWFIELD LANE has not materially changed since August 2018.

How Large is 10 LOWFIELD LANE?

10 LOWFIELD LANE is 84m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 40% of semi-detached houses houses in Balderton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Balderton, and where 10 LOWFIELD LANE lies on this distribution: 37% of semi-detached houses houses are smaller than 10 LOWFIELD LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Balderton.

10 LOWFIELD LANE: Plot and Title Map

10 LOWFIELD LANE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 10 LOWFIELD LANE, 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 10 LOWFIELD LANE). 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 10 LOWFIELD LANE?

10 LOWFIELD LANE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 10 on LOWFIELD LANE.