2, WETSYKE LANE, BALDERTON, NEWARK, NG24 3NY - £225,000

2 WETSYKE LANE is a large extended detached house of 108m², built sometime between 1900 and 1929. It was last sold for £225,000 in September 2018, which was around 17% below the average September 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

2 WETSYKE LANE Sold Prices

Land registry data shows two sales for 2 WETSYKE 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 WETSYKE 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
2018 3 SEP	£225,000	£272,429	17% below HPI
2001 4 DEC	£115,000	£112,999	2% above HPI

2 WETSYKE 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 WETSYKE LANE sales from December 2001 and September 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 December 2001 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 WETSYKE LANE?

2 WETSYKE LANE is 108m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 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 2 WETSYKE LANE lies on this distribution: 64% of detached houses are smaller than 2 WETSYKE LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Balderton.

2 WETSYKE LANE: Plot and Title Map

2 WETSYKE LANE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 2 WETSYKE 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 WETSYKE 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 WETSYKE LANE?

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