2, SIBCY LANE, BALDERTON, NEWARK, NG24 3LR - £297,000

2 SIBCY LANE is a very large extended detached house of 166m², built sometime before 1900. It was last sold for £297,000 in March 2022, which was around 6% below the average March 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

2 SIBCY LANE Sold Prices

Land registry data shows two sales for 2 SIBCY LANE 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. One of the two 2 SIBCY LANE sales was for below the average price, whilst the other 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
2022 11 MAR	£297,000	£314,916	6% below HPI
2015 30 OCT	£262,000	£239,424	9% above HPI

2 SIBCY LANE 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 SIBCY LANE sales from October 2015 and March 2022 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 October 2015 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 SIBCY LANE?

2 SIBCY LANE is 166m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 10% 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 SIBCY LANE lies on this distribution: 92% of detached houses are smaller than 2 SIBCY LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Balderton.

2 SIBCY LANE: Plot and Title Map

2 SIBCY LANE sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of 2 SIBCY 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 2 SIBCY 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 2 SIBCY LANE?

2 SIBCY LANE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 2 on SIBCY LANE.