2, Lumley Close
2, Lumley Close
Description & Estimates
According to the public record, 2, Lumley Close, Newark is a modern freehold house with 1,205 ft2 of internal area and sits on a 291 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 2, Lumley Close, Newark is £296,643 and the estimated rental value is £1,243 per month.
Lumley Close, Bilsthorpe, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
Our Data Sources
2, Lumley Close, Newark has 2 entries in the Land Registry , most recently in October 2016 and a single entry in the EPC database dated February 2013.
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
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, Lumley Close, Newark is in very good condition we estimate a sale value of £311,475 and a rental value of £1,305 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £275,878 and a rental value of £1,156 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Lumley Close, Newark has dropped by £6,695 (2.3%), while its estimated rental value has risen by £21 per month (1.7%). Based on current estimates, the property offers a gross rental yield of 5.0%.
Plot Size
According to data from HM Land Registry, 2, Lumley Close, Newark sits on a plot of 291 m2.
We have plot size data on 12 out of 13 other houses in the postcode and 2, Lumley Close, Newark sits on the 8th largest plot.
Energy Efficiency
2, Lumley Close, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Feb 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Lumley Close, Newark was last sold on 14th October 2016 for £169,995 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2016, the market for similar properties has risen by 38.4%.
- Sold Oct 2016£169,995
- Sold Jul 2009£149,950
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, Lumley Close, Newark within a radius of 2.5 kilometres over the last 2 years.
The most recent example is 3, Cremorne Drive, Newark, NG22 8UR, a freehold house which sold for £273,000 on the 20th July 2022.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lumley Close, Bilsthorpe, Newark, NG22 has a total of 13 addresses. According to our analysis of all the public data, 2, Lumley Close, Newark is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £51k more expensive than the average property in NG22.
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Schools Nearby
- 700mBilsthorpe Flying High Academy
- 4.3kmFarnsfield St Michael's Church of England Primary School
- 5.0kmKirklington Primary School
- 6.3kmThe Joseph Whitaker School
- 6.5kmThe Garibaldi School
- 7.7kmThe Dukeries Academy
More reading links
Public Transport Nearby
The closest station to 2, Lumley Close, Newark is Mansfield station, which is 10.5 kilometres away.
- 10.5kmMansfield
- 10.8kmMansfield Woodhouse
- 12.6kmFiskerton
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.
