12, JERICHO ROAD, BALDERTON, NEWARK, NG24 3GT - £227,500

12 JERICHO ROAD is a small extended detached house of 80m², built sometime between 1996 and 2002. It was last sold for £227,500 in May 2023, which was around 31% below the average May 2023 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.

12 JERICHO ROAD Sold Prices

Land registry data shows three sales for 12 JERICHO ROAD 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 12 JERICHO 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
2023 9 MAY	£227,500	£329,328	31% below HPI
2005 8 APR	£154,000	£198,859	23% below HPI
1999 15 OCT	£64,000	£88,824	28% below HPI

12 JERICHO 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 three 12 JERICHO ROAD sales between October 1999 and May 2023 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 April 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 12 JERICHO ROAD?

12 JERICHO ROAD is 80m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 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 12 JERICHO ROAD lies on this distribution: 32% of detached houses are smaller than 12 JERICHO ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Balderton.

12 JERICHO ROAD: Plot and Title Map

12 JERICHO ROAD sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 12 JERICHO 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 12 JERICHO 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 12 JERICHO ROAD?

12 JERICHO ROAD is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 12 on JERICHO ROAD.