16, Penswick Grove
16, Penswick Grove
Description & Estimates
Public records show 16, Penswick Grove, Newark to be a modern freehold house with 770 ft2 of internal area, sitting on a 403 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
16, Penswick Grove, Newark has an estimated sale value of £257,346 and an estimated rental value of £888 per month, assuming reasonable condition and based on the information available.
Penswick Grove, Coddington, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
16, Penswick Grove, Newark has 3 entries in the Land Registry , most recently in December 2019 and a single entry in the EPC database dated January 2011.
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
In very good condition, we estimate 16, Penswick Grove, Newark would be worth £270,213, with a potential rental value of £933 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £239,332, with a rental value of £826 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 16, Penswick Grove, Newark has dropped by £3,103 (1.2%) over the last year. During the same period, its estimated monthly rental value has risen by £20 (2.3%). The property's estimated gross yield is currently 4.1%.
Plot Size
16, Penswick Grove, Newark occupies a 403 m2 plot as recorded by HM Land Registry.
All 20 other houses in this postcode have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
16, Penswick Grove, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jan 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
16, Penswick Grove, Newark last changed hands on 2nd December 2019, selling for £225,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 6.2% since December 2019.
- Sold Dec 2019£225,000
- Sold Nov 2015£205,000
- Sold Dec 2011£165,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.6 kilometres of 16, Penswick Grove, Newark across the last 2 years.
Most recently, 15, Penswick Grove, Newark, NG24 2QL, a freehold house, sold at £250,000 on the 5th August 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 16, Penswick Grove, Newark as the 15th largest and the 15th most expensive of the 20 addresses on Penswick Grove, Coddington, Newark, NG24.
Against the NG24 postcode district average, it is £46k more expensive than the typical property.
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Schools Nearby
- 600mCoddington CofE Primary and Nursery School
- 2.0kmBarnby Road Academy Primary and Nursery school
- 2.3kmBishop Alexander L.E.A.D. Academy
- 2.4kmThe Newark Academy
- 2.7kmMagnus Church of England Academy
- 4.4kmThe Suthers School
More reading links
Public Transport Nearby
Newark Northgate station is the nearest stop to 16, Penswick Grove, Newark at 2.1 kilometres away.
- 2.1kmNewark Northgate
- 3.0kmNewark Castle
- 7.1kmCollingham
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
