15, JERICHO ROAD, BALDERTON, NEWARK, NG24 3GT - £132,500

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.

15 JERICHO ROAD is a small semi-detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £189,172. It was last sold for £132,500 in December 2016, which was around 10% below the average December 2016 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

15 JERICHO ROAD Sold Prices

Land registry data shows three sales for 15 JERICHO ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. Two of the three 15 JERICHO ROAD sales were for below the average price, whilst one was for above 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
2016 2 DEC	£132,500	£146,686	10% below HPI
2009 26 FEB	£115,425	£123,164	6% below HPI
2006 30 NOV	£134,000	£127,783	5% above HPI

15 JERICHO ROAD 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 three 15 JERICHO ROAD sales between November 2006 and December 2016 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 February 2009 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 15 JERICHO ROAD be worth now?

15 JERICHO ROAD might now be worth an estimated £189,172.

This is based on house price inflation of 42.8%, between December 2016 and March 2025, 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 42.8% inflationary increase is applied to the most recent sale price for 15 JERICHO ROAD of £132,500 on 2nd December 2016. For the value to have increased from £132,500 to £189,172 over the nine years and nine months to March 2025, the following assumptions must hold true:

• The value of 15 JERICHO ROAD has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The December 2016 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 15 JERICHO ROAD has not materially changed since December 2016.

How Large is 15 JERICHO ROAD?

15 JERICHO ROAD is 71m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% 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 15 JERICHO ROAD lies on this distribution: 22% of semi-detached houses houses are smaller than 15 JERICHO ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Balderton.

15 JERICHO ROAD: Plot and Title Map

15 JERICHO ROAD sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 15 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 15 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 15 JERICHO ROAD?

15 JERICHO ROAD is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 15 on JERICHO ROAD.