7, SYKES LANE, BALDERTON, NEWARK, NG24 3LT - £220,000

7 SYKES LANE is a very small detached house of 57m², built sometime between 1930 and 1949. It was last sold for £220,000 in January 2018, which was around 15% below the average January 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

7 SYKES LANE Sold Prices

Land registry data shows three sales for 7 SYKES LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 7 SYKES LANE 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
2018 30 JAN	£220,000	£259,520	15% below HPI
2016 18 JAN	£142,000	£233,500	39% below HPI
2000 8 NOV	£58,000	£100,595	42% below HPI

7 SYKES 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 three 7 SYKES LANE sales between November 2000 and January 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 January 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 SYKES LANE?

7 SYKES LANE is 57m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 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 7 SYKES LANE lies on this distribution: 4% of detached houses are smaller than 7 SYKES LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Balderton.

7 SYKES LANE: Plot and Title Map

7 SYKES LANE sits on a plot of roughly 0.102 of an acre, or 415m². The below map shows the location of 7 SYKES 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 7 SYKES 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 7 SYKES LANE?

7 SYKES LANE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 7 on SYKES LANE.