48, SOUTHFIELD, BALDERTON, NEWARK, NG24 3QB - £87,000

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.

48 SOUTHFIELD is a very small extended terraced house of 41m², built sometime between 1996 and 2002, which could now be worth an estimated £108,863. It was last sold for £87,000 in November 2019, which was around 35% below the average November 2019 terraced price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was A.

48 SOUTHFIELD Sold Prices

Land registry data shows four sales for 48 SOUTHFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Newark and Sherwood local authority area for the corresponding sale date. The four 48 SOUTHFIELD sales were a mix of below the average price, and roughly equal to 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
2019 22 NOV	£87,000	£134,247	35% below HPI
2013 13 AUG	£68,000	£104,967	35% below HPI
2006 12 MAY	£68,000	£105,374	35% below HPI
1995 19 DEC	£32,250	£32,192	Close to HPI

48 SOUTHFIELD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The four 48 SOUTHFIELD sales between December 1995 and November 2019 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 August 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2019 sale, which was also at 35% below the HPI.

What might 48 SOUTHFIELD be worth now?

48 SOUTHFIELD might now be worth an estimated £108,863.

This is based on house price inflation of 25.1%, between November 2019 and June 2025, for terraced 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 25.1% inflationary increase is applied to the most recent sale price for 48 SOUTHFIELD of £87,000 on 22nd November 2019. For the value to have increased from £87,000 to £108,863 over the six years and five months to June 2025, the following assumptions must hold true:

• The value of 48 SOUTHFIELD has moved in line with the HPI for terraced houses in the Newark and Sherwood local authority area.
• The November 2019 sale price of £87,000 represented a fair market value for the property.
• The size, condition, and specification of 48 SOUTHFIELD has not materially changed since November 2019.

How Large is 48 SOUTHFIELD?

48 SOUTHFIELD is 41m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of terraced houses houses in Balderton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Balderton, and where 48 SOUTHFIELD lies on this distribution: Less than 1% of terraced houses houses are smaller than 48 SOUTHFIELD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Balderton.

48 SOUTHFIELD: Plot and Title Map

48 SOUTHFIELD sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 48 SOUTHFIELD, 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 48 SOUTHFIELD). 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 48 SOUTHFIELD?

48 SOUTHFIELD is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 48 on SOUTHFIELD.