2, Chapel Lane
2, Chapel Lane
Description & Estimates
According to the public record, 2, Chapel Lane, Newark is a period house with 796 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Chapel Lane, Newark is £337,726 and the estimated rental value is £1,033 per month.
Chapel Lane, Winthorpe, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Our Data Sources
2, Chapel Lane, Newark has no records in the the Land Registry and a single entry in the EPC database dated March 2014.
We combine this information with public data 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 2, Chapel Lane, Newark is in very good condition we estimate a sale value of £354,612 and a rental value of £1,085 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £314,085 and a rental value of £961 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Chapel Lane, Newark has dropped by £4,072 (1.2%), while its estimated rental value has risen by £24 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 3.7%.
Energy Efficiency
2, Chapel Lane, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Mar 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Chapel Lane, Newark within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 13, Hargon Lane, Newark, NG24 2NP, a freehold house which sold for £260,000 on the 19th November 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
Chapel Lane, Winthorpe, Newark, NG24 has a total of 8 addresses. According to our analysis of all the public data, 2, Chapel Lane, Newark is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £126k more expensive than the average property in NG24.
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Schools Nearby
- 500mWinthorpe Primary School
- 1.2kmBishop Alexander L.E.A.D. Academy
- 2.6kmMuskham Primary School
- 4.0kmMagnus Church of England Academy
- 4.4kmThe Newark Academy
- 6.8kmThe Suthers School
More reading links
Public Transport Nearby
The closest station to 2, Chapel Lane, Newark is Newark Northgate station, which is 2.5 kilometres away.
- 2.5kmNewark Northgate
- 3.1kmNewark Castle
- 5.2kmCollingham
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.
