4, Chapel Lane
4, Chapel Lane
Description & Estimates
4, Chapel Lane, Newark is described in the public record as a period house with 731 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Chapel Lane, Newark is £316,591 and its rental estimate is £981 per month, given the available information and assuming reasonable condition.
Chapel Lane, Winthorpe, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
4, Chapel Lane, Newark has no records in the the Land Registry and a single entry in the EPC database dated March 2023.
We combine this information with public data 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
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 4, Chapel Lane, Newark, we estimate a market value of £332,421 and a rental value of £1,030 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £294,430 and £913 per month respectively.
Recent Market Change
Over the last year, 4, Chapel Lane, Newark has seen its estimated sale value decline by £3,817 (1.2%) and its estimated rental value climb by £22 per month (2.3%). This results in an estimated gross rental yield of 3.7%.
Energy Efficiency
4, Chapel Lane, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Chapel Lane, Newark have sold within a radius of 2.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th June 2023, was 4, The Drive, Newark, NG24 2NX, a freehold house which sold for £261,000.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 8 addresses on Chapel Lane, Winthorpe, Newark, NG24, 4, Chapel Lane, Newark comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £105k more expensive than the average property across the NG24 district.
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Schools Nearby
- 500mWinthorpe Primary School
- 1.2kmBishop Alexander L.E.A.D. Academy
- 2.6kmMuskham Primary School
- 4.0kmMagnus Church of England Academy
- 4.4kmThe Newark Academy
- 6.8kmThe Suthers School
More reading links
Public Transport Nearby
From 4, Chapel Lane, Newark, the nearest station is Newark Northgate, 2.5 kilometres away.
- 2.5kmNewark Northgate
- 3.1kmNewark Castle
- 5.2kmCollingham
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.
