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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 32, Hatchets Lane, Newark is a mid-century house with 818 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 32, Hatchets Lane, Newark is £157,168 and the estimated rental value is £906 per month.
Hatchets Lane, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
32, Hatchets Lane, Newark has no records in the the Land Registry and a single entry in the EPC database dated October 2019.
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.
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 32, Hatchets Lane, Newark is in very good condition we estimate a sale value of £165,027 and a rental value of £951 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,167 and a rental value of £842 per month.
Over the last 12 months the sale value of 32 Hatchets Lane Newark has decreased by an estimated £1,178 (0.7%) and its rental value has increased by an estimated £20 per month (2.2%), giving an expected gross yield of 6.9%.
32, Hatchets Lane, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Oct 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Hatchets Lane, Newark within a radius of 700 metres over the last 2 years.
The most recent example is 34, Hatchets Lane, Newark, NG24 2AF, a freehold house which sold for £157,500 on the 25th July 2023.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hatchets Lane, Newark, NG24 has a total of 41 addresses. According to our analysis of all the public data, 32, Hatchets Lane, Newark is the 33rd largest and the 27th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in NG24.
The closest station to 32, Hatchets Lane, Newark is Newark Northgate station which is 500 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 32, Hatchets Lane, Newark, 34.0% of property is privately owned with a mortgage and 32.7% is socially rented.
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 32, Hatchets Lane, Newark, 24.7% of residents are recorded as possessing school level qualifications and 17.5% 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 32, Hatchets Lane, Newark, the average age was 39.6 and the most common age was 32.
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 32, Hatchets 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 32, Hatchets Lane, Newark, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
