42, Main Road
42, Main Road
Description & Estimates
42, Main Road, Newark is recorded publicly as a period freehold house across 831 ft2 of internal area, sitting on a 228 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 42, Main Road, Newark is £276,694 and its rental estimate is £1,148 per month, given the available information and assuming reasonable condition.
Main Road, Long Bennington, Newark, NG23 falls within the NG23 postal district, in the borough of South Kesteven.
Our Data Sources
42, Main Road, Newark has a single entry in the Land Registry from August 2012 and a single entry in the EPC database dated June 2011.
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 42, Main Road, Newark, we estimate a market value of £290,529 and a rental value of £1,205 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £257,325 and £1,068 per month respectively.
Recent Market Change
Over the last year, 42, Main Road, Newark has seen its estimated sale value drop by £2,673 (1.0%) and its estimated rental value rise by £26 per month (2.3%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 42, Main Road, Newark as measuring 228 m2.
That makes it the 44th largest plot in the postcode, where 45 of the 69 other houses have recorded plot data.
Energy Efficiency
42, Main Road, Newark has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 13 Jun 2011.
The property is connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 42, Main Road, Newark completed on 29th August 2012 at £135,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 58.8% over the period since August 2012.
- Sold Aug 2012£135,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 42, Main Road, Newark have sold within a radius of 4.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th December 2024, was 12, Dysart Grange, Newark, NG23 5GD, a freehold house which sold for £245,000.
Read more about house prices in NG23.
- Sold Dec 2024£245,000 | 3 Bed House12, Dysart Grange, Newark, NG23 5GD12, Dysart Grange, Newark, NG23 5GD
- Sold Apr 2022£247,500 | 3 Bed House9, Dysart Grange, Newark, NG23 5GD9, Dysart Grange, Newark, NG23 5GD
- Sold Mar 2021£200,000 | 3 Bed House8, Lilley Street, Newark, NG23 5EJ8, Lilley Street, Newark, NG23 5EJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 125 addresses on Main Road, Long Bennington, Newark, NG23, 42, Main Road, Newark comes out as the 106th largest and the 106th most expensive in our analysis of the public data.
It is also £93k less expensive than the average property across the NG23 district.
More reading links
Schools Nearby
- 700mLong Bennington Church of England Academy
- 4.5kmThe Claypole Church of England Primary School
- 5.4kmAllington with Sedgebrook Church of England Primary School
- 5.1kmThe Suthers School
- 7.4kmThe Priory Belvoir Academy
- 7.6kmThe Newark Academy
More reading links
Public Transport Nearby
From 42, Main Road, Newark, the nearest station is Bottesford, 6.3 kilometres away.
- 6.3kmBottesford
- 8.2kmElton & Orston
- 9.9kmNewark Northgate
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.
