16, Furrow Close
16, Furrow Close
Description & Estimates
According to the public record, 16, Furrow Close, Newark is a modern freehold house with 1,485 ft2 of internal area and sits on a 376 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 16, Furrow Close, Newark is £321,994 and the estimated rental value is £1,200 per month.
Furrow Close, Middlebeck, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Our Data Sources
16, Furrow Close, Newark has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 16, Furrow Close, Newark is in very good condition we estimate a sale value of £338,094 and a rental value of £1,260 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,455 and a rental value of £1,116 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16, Furrow Close, Newark has decreased by £2,883 (0.9%), while its estimated rental value has grown by £31 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 4.5%.
Plot Size
According to data from HM Land Registry, 16, Furrow Close, Newark sits on a plot of 376 m2.
We have plot size data on 23 out of 26 other houses in the postcode and 16, Furrow Close, Newark sits on the 2nd largest plot.
Energy Efficiency
16, Furrow Close, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jan 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 16, Furrow Close, Newark was last sold on 28th January 2022 for £334,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2022, the market for similar properties has dropped by 4.6%.
- Sold Jan 2022£334,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Furrow Close, Newark within a radius of 790 metres over the last 2 years.
The most recent example is 2, Heddle Close, Newark, NG24 3YW, a freehold house which sold for £366,813 on the 30th October 2024.
Read more about house prices in NG24.
- Sold Oct 2024£366,813 | 4 Bed House2, Heddle Close, Newark, NG24 3YW2, Heddle Close, Newark, NG24 3YW
- Sold Jan 2022£334,995 | 4 Bed House17, Furrow Close, Newark, NG24 3XR17, Furrow Close, Newark, NG24 3XR
- Sold Sep 2021£334,995 | 4 Bed House10, Raddle Way, Newark, NG24 3XH10, Raddle Way, Newark, NG24 3XH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Furrow Close, Middlebeck, Newark, NG24 has a total of 26 addresses. According to our analysis of all the public data, 16, Furrow Close, Newark is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £110k more expensive than the average property in NG24.
More reading links
Schools Nearby
- 800mThe Sir Donald Bailey Academy
- 1.0kmJohn Hunt Academy
- 1.4kmThe King's Church of England Primary Academy
- 1.3kmThe Newark Academy
- 1.4kmMagnus Church of England Academy
- 2.3kmThe Suthers School
More reading links
Public Transport Nearby
The closest station to 16, Furrow Close, Newark is Newark Castle station, which is 2.9 kilometres away.
- 2.9kmNewark Castle
- 2.9kmNewark Northgate
- 6.6kmRolleston
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
