56, JERICHO ROAD, BALDERTON, NEWARK, NG24 3GT - £230,000

56 JERICHO ROAD is a midsized extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £230,000 in April 2019, which was around 11% below the average April 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

56 JERICHO ROAD Sold Prices

Land registry data shows five sales for 56 JERICHO ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the five 56 JERICHO ROAD 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
2019 25 APR	£230,000	£258,353	11% below HPI
2016 7 OCT	£202,500	£246,500	18% below HPI
2006 30 OCT	£155,500	£211,158	26% below HPI
2003 13 JUN	£112,000	£165,839	32% below HPI
1998 30 DEC	£59,175	£82,938	29% below HPI

56 JERICHO ROAD 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 five 56 JERICHO ROAD sales between December 1998 and April 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 October 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 56 JERICHO ROAD?

56 JERICHO ROAD is 98m², which includes one extension, according to the EPC inspection conducted in March 2016. 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 56 JERICHO ROAD lies on this distribution: 53% of detached houses are smaller than 56 JERICHO ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Balderton.

56 JERICHO ROAD: Plot and Title Map

56 JERICHO ROAD sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 56 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 56 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 56 JERICHO ROAD?

56 JERICHO ROAD is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 56 on JERICHO ROAD.