2, Newark Hill
2, Newark Hill
Description & Estimates
2, Newark Hill, Grantham is recorded publicly as an early-century freehold house across 1,991 ft2 of internal area, sitting on a 655 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Newark Hill, Grantham is £351,263 and its rental estimate is £1,614 per month, given the available information and assuming reasonable condition.
Newark Hill, Foston, Grantham, NG32 falls within the NG32 postal district, in the borough of South Kesteven.
Our Data Sources
2, Newark Hill, Grantham has 21 entries in the Land Registry , most recently in August 2014 and a single entry in the EPC database dated January 2014.
We combine this information with that 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
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, Newark Hill, Grantham, we estimate a market value of £368,826 and a rental value of £1,694 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £326,674 and £1,501 per month respectively.
Recent Market Change
Over the last year, 2, Newark Hill, Grantham has seen its estimated sale value drop by £9,422 (2.7%) and its estimated rental value rise by £43 per month (2.7%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 2, Newark Hill, Grantham as measuring 655 m2.
That makes it the 5th largest plot in the postcode, where 11 of the 12 other houses have recorded plot data.
Energy Efficiency
2, Newark Hill, Grantham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jan 2014.
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
The most recent sale of 2, Newark Hill, Grantham completed on 26th August 2014 at £240,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 46.3% over the period since August 2014.
- Sold Aug 2014£240,000
- Sold Jul 2003£115,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Newark Hill, Grantham have sold within a radius of 3.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th December 2024, was 26, Wilkinson Road, Grantham, NG32 2JX, a freehold house which sold for £420,000.
Read more about house prices in NG32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 14 addresses on Newark Hill, Foston, Grantham, NG32, 2, Newark Hill, Grantham comes out as the 4th largest and the 10th most expensive in our analysis of the public data.
It is also £3k less expensive than the average property across the NG32 district.
More reading links
Schools Nearby
- 2.6kmAllington with Sedgebrook Church of England Primary School
- 2.6kmLong Bennington Church of England Academy
- 3.5kmThe Marston Thorold's Charity Church of England School
- 7.1kmThe Priory Belvoir Academy
- 8.0kmThe Suthers School
- 8.0kmThe Priory Ruskin Academy
More reading links
Public Transport Nearby
From 2, Newark Hill, Grantham, the nearest station is Bottesford, 5.9 kilometres away.
- 5.9kmBottesford
- 9.2kmElton & Orston
- 9.5kmGrantham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
