14, Chapel Lane
14, Chapel Lane
Description & Estimates
According to the public record, 14, Chapel Lane, Newark is a period freehold house with 1,603 ft2 of internal area and sits on a 660 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 14, Chapel Lane, Newark is £436,060 and the estimated rental value is £1,138 per month.
Chapel Lane, Farndon, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Our Data Sources
14, Chapel Lane, Newark has 31 entries in the Land Registry , most recently in March 2023 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 14, Chapel Lane, Newark is in very good condition we estimate a sale value of £457,863 and a rental value of £1,195 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £405,536 and a rental value of £1,059 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 14, Chapel Lane, Newark has declined by £3,904 (0.9%), while its estimated rental value has climbed by £30 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 3.1%.
Plot Size
According to data from HM Land Registry, 14, Chapel Lane, Newark sits on a plot of 660 m2.
We have plot size data on 12 out of 15 other houses in the postcode and 14, Chapel Lane, Newark sits on the 4th largest plot.
Energy Efficiency
14, Chapel Lane, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 14, Chapel Lane, Newark was last sold on 27th March 2023 for £435,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2023, the market for similar properties has dropped by 14.2%.
- Sold Mar 2023£435,000
- Sold Dec 2006£250,000
- Sold Jul 2001£24,095
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Chapel Lane, Newark within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 11, Chapel Lane, Newark, NG24 3SR, a freehold house which sold for £440,000 on the 4th August 2023.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Chapel Lane, Farndon, Newark, NG24 has a total of 15 addresses. According to our analysis of all the public data, 14, Chapel Lane, Newark is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £224k more expensive than the average property in NG24.
More reading links
Schools Nearby
- 700mSt Peter's Crosskeys CofE Academy
- 2.9kmHoly Trinity Catholic Voluntary Academy
- 3.0kmChrist Church C of E Primary School
- 3.7kmMagnus Church of England Academy
- 4.6kmThe Newark Academy
- 5.6kmThe Suthers School
More reading links
Public Transport Nearby
The closest station to 14, Chapel Lane, Newark is Rolleston station, which is 3.0 kilometres away.
- 3.0kmRolleston
- 3.6kmNewark Castle
- 3.8kmFiskerton
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 high.
