2, Coppice Close
2, Coppice Close
Description & Estimates
2, Coppice Close, Newark is recorded publicly as a modern freehold house across 2,464 ft2 of internal area, sitting on a 609 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2, Coppice Close, Newark is £549,494 and its rental estimate is £1,840 per month, given the available information and assuming reasonable condition.
Coppice Close, Fenton, Newark, NG23 falls within the NG23 postal district, in the borough of South Kesteven.
Our Data Sources
2, Coppice Close, Newark has a single entry in the Land Registry from March 2009 and a single entry in the EPC database dated August 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
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 2, Coppice Close, Newark, we estimate a market value of £576,969 and a rental value of £1,932 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £511,029 and £1,712 per month respectively.
Recent Market Change
Over the last year, 2, Coppice Close, Newark has seen its estimated sale value fall by £10,219 (1.9%) and its estimated rental value move up by £25 per month (1.4%). This results in an estimated gross rental yield of 4.0%.
Plot Size
HM Land Registry records the plot of land for 2, Coppice Close, Newark as measuring 609 m2.
That makes it the 4th largest plot in the postcode, where all 4 other houses have recorded plot data.
Energy Efficiency
2, Coppice Close, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Aug 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 2, Coppice Close, Newark completed on 24th March 2009 at £100,000 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 risen by 91.5% over the period since March 2009.
- Sold Mar 2009£100,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Coppice Close, Newark have sold within a radius of 5.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd August 2014, was 3, Coppice Close, Newark, NG23 5FZ, a freehold house which sold for £355,000.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 4 addresses on Coppice Close, Fenton, Newark, NG23, 2, Coppice Close, Newark comes out as the largest and the most expensive in our analysis of the public data.
It is also £180k more expensive than the average property across the NG23 district.
More reading links
Schools Nearby
- 3.4kmThe Claypole Church of England Primary School
- 4.6kmBrant Broughton Church of England and Methodist Primary School
- 6.0kmCoddington CofE Primary and Nursery School
- 6.0kmThe Suthers School
- 6.8kmThe Newark Academy
- 8.0kmMagnus Church of England Academy
More reading links
Public Transport Nearby
From 2, Coppice Close, Newark, the nearest station is Newark Northgate, 8.4 kilometres away.
- 8.4kmNewark Northgate
- 9.1kmNewark Castle
- 11.4kmCollingham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
