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According to the public record, 2, Old Hall Close, Newark is a modern freehold house with 2,889 ft2 of internal area and sits on a 1,309 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Old Hall Close, Newark is £872,147 and the estimated rental value is £2,310 per month.
Old Hall Close, Farndon, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
2, Old Hall Close, Newark has 2 entries in the Land Registry , most recently in November 2014 and a single entry in the EPC database dated March 2010.
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.
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, Old Hall Close, Newark is in very good condition we estimate a sale value of £915,754 and a rental value of £2,425 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £811,097 and a rental value of £2,148 per month.
Over the last 12 months the sale value of 2 Old Hall Close Newark has decreased by an estimated £10,913 (1.3%) and its rental value has increased by an estimated £52 per month (2.3%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, 2, Old Hall Close, Newark sits on a plot of 1309m2.
We have plot size data on 3 out of 6 other houses in the postcode and 2, Old Hall Close, Newark sits on the 3rd largest plot.
2, Old Hall Close, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Mar 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Old Hall Close, Newark was last sold on 26th November 2014 for £665,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2014, the market for similar properties has dropped 2.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2, Old Hall Close, Newark within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 3, Old Hall Close, Newark, NG24 3SQ, a freehold house which sold for £675,000 on the 8th November 2017.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Hall Close, Farndon, Newark, NG24 has a total of 6 addresses. According to our analysis of all the public data, 2, Old Hall Close, Newark is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £660k more expensive than the average property in NG24.
The closest station to 2, Old Hall Close, Newark is Rolleston station which is 3.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Old Hall Close, Newark, 65.7% of property is privately owned outright and 23.2% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Old Hall Close, Newark, 14.3% of residents are recorded as possessing school level qualifications and 37.4% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Old Hall Close, Newark, the average age was 43.6 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Old Hall Close, Newark, 1.8% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Old Hall Close, Newark, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.