14, Elm Close
14, Elm Close
Description & Estimates
14, Elm Close, Newark is recorded publicly as a mid-century freehold house across 1,323 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 14, Elm Close, Newark is £365,181 and its rental estimate is £1,397 per month, given the available information and assuming reasonable condition.
Elm Close, Long Bennington, Newark, NG23 falls within the NG23 postal district, in the borough of South Kesteven.
Our Data Sources
14, Elm Close, Newark has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 14, Elm Close, Newark, we estimate a market value of £383,440 and a rental value of £1,467 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £339,618 and £1,299 per month respectively.
Recent Market Change
Over the last year, 14, Elm Close, Newark has seen its estimated sale value decrease by £4,883 (1.3%) and its estimated rental value grow by £30 per month (2.1%). This results in an estimated gross rental yield of 4.6%.
Energy Efficiency
14, Elm Close, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Oct 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas, Electric storage heaters.
Sold Prices
The most recent sale of 14, Elm Close, Newark completed on 7th July 2023 at £305,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 4.2% over the period since July 2023.
- Sold Jul 2023£305,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 14, Elm Close, Newark have sold within a radius of 4.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd August 2019, was 18, Elm Close, Newark, NG23 5EZ, a freehold house which sold for £255,000.
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
Of the 25 addresses on Elm Close, Long Bennington, Newark, NG23, 14, Elm Close, Newark comes out as the 5th largest and the 7th most expensive in our analysis of the public data.
It is also £4k less expensive than the average property across the NG23 district.
More reading links
Schools Nearby
- 500mLong Bennington Church of England Academy
- 4.2kmAllington with Sedgebrook Church of England Primary School
- 5.3kmThe Marston Thorold's Charity Church of England School
- 6.3kmThe Suthers School
- 6.7kmThe Priory Belvoir Academy
- 8.7kmThe Newark Academy
More reading links
Public Transport Nearby
From 14, Elm Close, Newark, the nearest station is Bottesford, 5.6 kilometres away.
- 5.6kmBottesford
- 8.0kmElton & Orston
- 10.6kmAslockton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
