4, Cross Lane
4, Cross Lane
Description & Estimates
Public records show 4, Cross Lane, Newark to be a mid-century freehold house with 2,924 ft2 of internal area, sitting on a 1,640 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
4, Cross Lane, Newark has an estimated sale value of £346,988 and an estimated rental value of £1,562 per month, assuming reasonable condition and based on the information available.
Cross Lane, Barnby, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
4, Cross Lane, Newark has 41 entries in the Land Registry , most recently in August 2016 and a single entry in the EPC database dated March 2009.
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
In very good condition, we estimate 4, Cross Lane, Newark would be worth £364,337, with a potential rental value of £1,641 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £322,698, with a rental value of £1,453 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 4, Cross Lane, Newark has moved down by £4,342 (1.3%) over the last year. During the same period, its estimated monthly rental value has increased by £35 (2.3%). The property's estimated gross yield is currently 5.4%.
Plot Size
4, Cross Lane, Newark occupies a 1,640 m2 plot as recorded by HM Land Registry.
Of the 9 other houses in this postcode, 7 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
4, Cross Lane, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Mar 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
4, Cross Lane, Newark last changed hands on 31st August 2016, selling for £249,999. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 12.2% since August 2016.
- Sold Aug 2016£249,999
- Sold Sep 2009£235,000
- Sold Aug 2002£162,500
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 3.6 kilometres of 4, Cross Lane, Newark across the last 2 years.
Most recently, Barnby House, Cross Lane, Newark, NG24 2SF, a freehold house, sold at £480,000 on the 14th May 2024.
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
Our analysis of the public data ranks 4, Cross Lane, Newark as the 2nd largest and the 2nd most expensive of the 9 addresses on Cross Lane, Barnby, Newark, NG24.
Against the NG24 postcode district average, it is £135k more expensive than the typical property.
More reading links
Schools Nearby
- 3.3kmCoddington CofE Primary and Nursery School
- 3.4kmThe Claypole Church of England Primary School
- 3.9kmChuter Ede Primary School
- 4.5kmThe Newark Academy
- 4.5kmThe Suthers School
- 5.6kmMagnus Church of England Academy
More reading links
Public Transport Nearby
Newark Northgate station is the nearest stop to 4, Cross Lane, Newark at 5.8 kilometres away.
- 5.8kmNewark Northgate
- 6.5kmNewark Castle
- 9.3kmCollingham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
