Our Data Sources
48, Flaxley Lane, Newark has a single entry in the Land Registry from May 2020 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 48, Flaxley Lane, Newark, we estimate a market value of £207,144 and a rental value of £989 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £183,470 and £876 per month respectively.
Plot Size
HM Land Registry records the plot of land for 48, Flaxley Lane, Newark as measuring 157 m2.
That makes it the 29th largest plot in the postcode, where 32 of the 48 other houses have recorded plot data.
Energy Efficiency
48, Flaxley Lane, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Mar 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 48, Flaxley Lane, Newark completed on 15th May 2020 at £179,995 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 18.6% over the period since May 2020.
- Sold May 2020£179,995
Similar Properties Sold Nearby
Over the past 2 years 94 properties similar to 48, Flaxley Lane, Newark have sold within a radius of 770 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2024, was 56, Flaxley Lane, Newark, NG24 3XB, a freehold house which sold for £196,000.
Read more about house prices in NG24.
- Sold Aug 2024£196,000 | 3 Bed House56, Flaxley Lane, Newark, NG24 3XB56, Flaxley Lane, Newark, NG24 3XB
- Sold Jul 2024£191,000 | 3 Bed House46, Flaxley Lane, Newark, NG24 3XB46, Flaxley Lane, Newark, NG24 3XB
- Sold Sep 2020£175,995 | 3 Bed House44, Flaxley Lane, Newark, NG24 3XB44, Flaxley Lane, Newark, NG24 3XB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 48 addresses on Flaxley Lane, Middlebeck, Newark, NG24, 48, Flaxley Lane, Newark comes out as the 46th largest and the 46th most expensive in our analysis of the public data.
It is also £17k less expensive than the average property across the NG24 district.
More reading links
Schools Nearby
- The Sir Donald Bailey Academy700 m away
- John Hunt Academy1.1 km away
- The King's Church of England Primary Academy1.3 km away
- The Newark Academy1.3 km away
- Magnus Church of England Academy1.4 km away
- The Suthers School2.4 km away
More reading links
Public Transport Nearby
- Newark Castle|2.8 km away
- Newark Northgate|2.9 km away
- Rolleston|6.5 km away
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
