2, Houghs Yard
2, Houghs Yard
Description & Estimates
2, Houghs Yard, Newark is recorded publicly as a modern freehold house across 957 ft2 of internal area, sitting on a 271 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Houghs Yard, Newark is £296,745 and its rental estimate is £951 per month, given the available information and assuming reasonable condition.
Houghs Yard, Coddington, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
2, Houghs Yard, Newark has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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, Houghs Yard, Newark, we estimate a market value of £311,582 and a rental value of £999 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £275,973 and £884 per month respectively.
Recent Market Change
Over the last year, 2, Houghs Yard, Newark has seen its estimated sale value move down by £3,578 (1.2%) and its estimated rental value increase by £22 per month (2.3%). This results in an estimated gross rental yield of 3.8%.
Plot Size
HM Land Registry records the plot of land for 2, Houghs Yard, Newark as measuring 271 m2.
That makes it the 8th largest plot in the postcode, where all 8 other houses have recorded plot data.
Energy Efficiency
2, Houghs Yard, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Apr 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Houghs Yard, Newark completed on 24th September 2021 at £275,000 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 15.5% over the period since September 2021.
- Sold Sep 2021£275,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Houghs Yard, Newark have sold within a radius of 2.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th August 2024, was 15, Penswick Grove, Newark, NG24 2QL, a freehold house which sold for £250,000.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 8 addresses on Houghs Yard, Coddington, Newark, NG24, 2, Houghs Yard, Newark comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £85k more expensive than the average property across the NG24 district.
More reading links
Schools Nearby
- 200mCoddington CofE Primary and Nursery School
- 2.7kmBarnby Road Academy Primary and Nursery school
- 2.9kmBishop Alexander L.E.A.D. Academy
- 2.8kmThe Newark Academy
- 3.3kmMagnus Church of England Academy
- 4.6kmThe Suthers School
More reading links
Public Transport Nearby
From 2, Houghs Yard, Newark, the nearest station is Newark Northgate, 2.9 kilometres away.
- 2.9kmNewark Northgate
- 3.8kmNewark Castle
- 7.0kmCollingham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
