12, The Spinney
12, The Spinney
Description & Estimates
According to the public record, 12, The Spinney, Newark is a modern freehold house with 2,185 ft2 of internal area and sits on a 856 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, The Spinney, Newark is £493,093 and the estimated rental value is £1,779 per month.
The Spinney, Elston, Newark, NG23 is located in the borough of Newark and Sherwood within the NG23 postal district.
Our Data Sources
12, The Spinney, Newark has 21 entries in the Land Registry , most recently in October 2014 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 12, The Spinney, Newark is in very good condition we estimate a sale value of £517,748 and a rental value of £1,868 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £458,576 and a rental value of £1,654 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 12, The Spinney, Newark has moved down by £9,170 (1.9%), while its estimated rental value has increased by £24 per month (1.4%). Based on current estimates, the property offers a gross rental yield of 4.3%.
Plot Size
According to data from HM Land Registry, 12, The Spinney, Newark sits on a plot of 856 m2.
We have plot size data on 19 out of 24 other houses in the postcode and 12, The Spinney, Newark sits on the 10th largest plot.
Energy Efficiency
12, The Spinney, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Sold Prices
According to HM Land Registry, 12, The Spinney, Newark was last sold on 9th October 2014 for £365,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2014, the market for similar properties has risen by 35.3%.
- Sold Oct 2014£365,000
- Sold Aug 2002£175,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, The Spinney, Newark within a radius of 4.4 kilometres over the last 2 years.
The most recent example is 3, The Spinney, Newark, NG23 5PE, a freehold house which sold for £500,000 on the 16th September 2024.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
The Spinney, Elston, Newark, NG23 has a total of 24 addresses. According to our analysis of all the public data, 12, The Spinney, Newark is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £123k more expensive than the average property in NG23.
More reading links
Schools Nearby
- 200mAll Saints Anglican/Methodist Primary School
- 2.7kmFlintham Primary School
- 4.5kmSt Peter's Crosskeys CofE Academy
- 6.6kmThe Suthers School
- 6.6kmMagnus Church of England Academy
- 7.0kmThe Newark Academy
More reading links
Public Transport Nearby
The closest station to 12, The Spinney, Newark is Fiskerton station, which is 4.8 kilometres away.
- 4.8kmFiskerton
- 4.9kmRolleston
- 5.1kmBleasby
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
