2, LABURNUM CLOSE, NEW BALDERTON, NEWARK, NG24 3AF - £163,000

2 LABURNUM CLOSE is a midsized extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £163,000 in November 2012, which was around 22% below the average November 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

2 LABURNUM CLOSE Sold Prices

Land registry data shows two sales for 2 LABURNUM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 2 LABURNUM CLOSE 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
2012 19 NOV	£163,000	£207,818	22% below HPI
2011 29 JUL	£125,000	£204,939	39% below HPI

2 LABURNUM CLOSE 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 two 2 LABURNUM CLOSE sales from July 2011 and November 2012 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 July 2011 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2012 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 LABURNUM CLOSE?

2 LABURNUM CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 50% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 2 LABURNUM CLOSE lies on this distribution: 56% of detached houses are smaller than 2 LABURNUM CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Balderton.

2 LABURNUM CLOSE: Plot and Title Map

2 LABURNUM CLOSE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 2 LABURNUM CLOSE, 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 2 LABURNUM CLOSE). 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 2 LABURNUM CLOSE?

2 LABURNUM CLOSE is located in NEW BALDERTON, in the NG24 postcode district. The below map shows the position of No. 2 on LABURNUM CLOSE.