32, Vicarage Lane
32, Vicarage Lane
Description & Estimates
32, Vicarage Lane, Newark is recorded publicly as a modern freehold house across 1,517 ft2 of internal area, sitting on a 672 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 32, Vicarage Lane, Newark is £458,149 and its rental estimate is £1,322 per month, given the available information and assuming reasonable condition.
Vicarage Lane, Long Bennington, Newark, NG23 falls within the NG23 postal district, in the borough of South Kesteven.
Our Data Sources
32, Vicarage Lane, Newark has 31 entries in the Land Registry , most recently in March 2019 and a single entry in the EPC database dated February 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 32, Vicarage Lane, Newark, we estimate a market value of £481,057 and a rental value of £1,388 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £426,079 and £1,229 per month respectively.
Recent Market Change
Over the last year, 32, Vicarage Lane, Newark has seen its estimated sale value drop by £6,126 (1.3%) and its estimated rental value rise by £28 per month (2.1%). This results in an estimated gross rental yield of 3.5%.
Plot Size
HM Land Registry records the plot of land for 32, Vicarage Lane, Newark as measuring 672 m2.
That makes it the 8th largest plot in the postcode, where 18 of the 28 other houses have recorded plot data.
Energy Efficiency
32, Vicarage Lane, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Feb 2018.
The property is 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 32, Vicarage Lane, Newark completed on 1st March 2019 at £442,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 15.2% over the period since March 2019.
- Sold Mar 2019£442,500
- Sold May 2002£205,000
- Sold Apr 1996£35,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 32, Vicarage Lane, Newark have sold within a radius of 4.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd May 2024, was 20, Lilley Street, Newark, NG23 5EJ, a freehold house which sold for £488,000.
Read more about house prices in NG23.
- Sold May 2024£488,000 | 4 Bed House20, Lilley Street, Newark, NG23 5EJ20, Lilley Street, Newark, NG23 5EJ
- Sold Feb 2024£475,000 | 4 Bed House63, The Pastures, Newark, NG23 5EG63, The Pastures, Newark, NG23 5EG
- Sold Jan 2024£475,000 | 4 Bed House31, The Pastures, Newark, NG23 5EG31, The Pastures, Newark, NG23 5EG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 28 addresses on Vicarage Lane, Long Bennington, Newark, NG23, 32, Vicarage Lane, Newark comes out as the 18th largest and the 18th most expensive in our analysis of the public data.
It is also £88k more expensive than the average property across the NG23 district.
More reading links
Schools Nearby
- 300mLong Bennington Church of England Academy
- 5.0kmThe Claypole Church of England Primary School
- 5.0kmAllington with Sedgebrook Church of England Primary School
- 5.6kmThe Suthers School
- 6.9kmThe Priory Belvoir Academy
- 8.0kmThe Newark Academy
More reading links
Public Transport Nearby
From 32, Vicarage Lane, Newark, the nearest station is Bottesford, 5.7 kilometres away.
- 5.7kmBottesford
- 7.8kmElton & Orston
- 10.3kmAslockton
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.
