Our Data Sources
2, Reed Close, Newark has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated September 2021.
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
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, Reed Close, Newark is in very good condition we estimate a sale value of £406,824 and a rental value of £1,345 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,330 and a rental value of £1,192 per month.
Plot Size
According to data from HM Land Registry, 2, Reed Close, Newark sits on a plot of 709 m2.
We have plot size data on 8 out of 8 other houses in the postcode and 2, Reed Close, Newark sits on the largest plot.
Energy Efficiency
2, Reed Close, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators (mains gas).
Sold Prices
According to HM Land Registry, 2, Reed Close, Newark was last sold on 28th January 2022 for £380,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2022, the market for similar properties has dropped by 5.0%.
- Sold Jan 2022£380,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 40 sales of properties similar to 2, Reed Close, Newark within a radius of 780 metres since 2020.
The most recent example is 39, Heddle Close, Newark, NG24 3YW, a freehold house which sold for £371,950 on the 31st October 2024.
Read more about house prices in NG24.
- Sold Oct 2024£371,950 | 4 Bed House39, Heddle Close, Newark, NG24 3YW39, Heddle Close, Newark, NG24 3YW
- Sold Oct 2024£366,813 | 4 Bed House2, Heddle Close, Newark, NG24 3YW2, Heddle Close, Newark, NG24 3YW
- Sold Oct 2024£400,000 | 5 Bed House16, Willows Walk, Newark, NG24 3WU16, Willows Walk, Newark, NG24 3WU
- Sold Sep 2024£384,950 | 4 Bed House36, Heddle Close, Newark, NG24 3YW36, Heddle Close, Newark, NG24 3YW
- Sold Jan 2024£384,950 | 4 Bed House3, Hopper Road, Newark, NG24 3YU3, Hopper Road, Newark, NG24 3YU
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £288,115, ranging from £231,525 to £392,731.
- 7 Reed Close
5 Bed House | 21 m | Est. Value: £392,731
- 3 Reed Close
4 Bed House | 22 m | Est. Value: £326,803
- 1 Reed Close
4 Bed House | 26 m | Est. Value: £306,137
- 68 Marleston Lane
3 Bed House | 28 m | Est. Value: £269,153
- 8 Reed Close
4 Bed House | 32 m | Est. Value: £314,925
Location Comparison
Reed Close, Middlebeck, Newark, NG24 has a total of 8 addresses. According to our analysis of all the public data, 2, Reed Close, Newark is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £174k more expensive than the average property in NG24.
More reading links
Schools Nearby
- The Sir Donald Bailey Academy800 m away
- John Hunt Academy900 m away
- The King's Church of England Primary Academy1.4 km away
- The Newark Academy1.2 km away
- Magnus Church of England Academy1.4 km away
- The Suthers School2.2 km away
More reading links
Public Transport Nearby
- Newark Castle|2.9 km away
- Newark Northgate|2.9 km away
- Rolleston|6.8 km away
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be Very Low.












