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23, Lily Lane, Newark is described in the public record as a modern house with 516 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 23, Lily Lane, Newark is £137,759 and its rental estimate is £710 per month, given the available information and assuming reasonable condition.
Lily Lane, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
23, Lily Lane, Newark has no records in the the Land Registry and a single entry in the EPC database dated April 2016.
We combine this information with public data 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.
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 23, Lily Lane, Newark, we estimate a market value of £144,647 and a rental value of £745 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £128,116 and £660 per month respectively.
Over the last year, 23, Lily Lane, Newark has seen its estimated sale value move down by £2,172 (1.6%) and its estimated rental value increase by £14 per month (1.9%). This results in an estimated gross rental yield of 6.2%.
23, Lily Lane, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Apr 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 23, Lily Lane, Newark have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th May 2023, was 24, Hounsfield Close, Newark, NG24 2LR, a freehold house which sold for £118,000.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 54 addresses on Lily Lane, Newark, NG24, 23, Lily Lane, Newark comes out as the 43rd largest and the 45th most expensive in our analysis of the public data.
It is also £74k less expensive than the average property across the NG24 district.
From 23, Lily Lane, Newark, the nearest station is Newark Northgate, 1.6 kilometres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Lily Lane, Newark, % of property is and % is .
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 23, Lily Lane, Newark, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 23, Lily Lane, Newark, 0.0% 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 23, Lily Lane, Newark, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.