Our Data Sources
48, Lily Lane, Newark has 2 entries in the Land Registry, most recently in September 2022 and a single entry in the EPC database dated May 2017.
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, Lily Lane, Newark, we estimate a market value of £326,528 and a rental value of £1,257 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £289,210 and £1,114 per month respectively.
Energy Efficiency
48, Lily Lane, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 May 2017.
The property is connected to mains gas and has high performance glazing. It is heated using a boiler and radiators (mains gas).
Sold Prices
The most recent sale of 48, Lily Lane, Newark completed on 5th September 2022 at £315,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 15.6% over the period since September 2022.
- Sold Sep 2022£315,000
- Sold Jun 2017£279,995
Similar Properties Sold Nearby
Since 2016 152 properties similar to 48, Lily Lane, Newark have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th November 2024, was 4, Gerbera Drive, Newark, NG24 2RN, a freehold house which sold for £320,000.
Read more about house prices in NG24.
- Sold Nov 2024£320,000 | 4 Bed House4, Gerbera Drive, Newark, NG24 2RN4, Gerbera Drive, Newark, NG24 2RN
- Sold Mar 2024£265,000 | 4 Bed House40, Blackbrook Road, Newark, NG24 2ST40, Blackbrook Road, Newark, NG24 2ST
- Sold Dec 2023£315,000 | 4 Bed House33, Gerbera Drive, Newark, NG24 2RL33, Gerbera Drive, Newark, NG24 2RL
- Sold Aug 2022£350,000 | 4 Bed House8, Gerbera Drive, Newark, NG24 2RN8, Gerbera Drive, Newark, NG24 2RN
- Sold Feb 2022£290,000 | 4 Bed House2A, Gerbera Drive, Newark, NG24 2RN2A, Gerbera Drive, Newark, NG24 2RN
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £188,371, ranging from £91,500 to £310,979.
- 46 Lily Lane
4 Bed House | 16 m | Est. Value: £306,418
- 50 Lily Lane
4 Bed House | 18 m | Est. Value: £310,979
- 1 Clover Gardens
3 Bed House | 19 m | Est. Value: £97,875
- 3 Clover Gardens
3 Bed House | 25 m | Est. Value: £91,500
- 8 Holly Court
3 Bed House | 26 m | Est. Value: £208,202
Location Comparison
Of the 54 addresses on Lily Lane, Newark, NG24, 48, Lily Lane, Newark comes out as the 5th largest and the 4th most expensive in our analysis of the public data.
It is also £98k more expensive than the average property across the NG24 district.
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Schools Nearby
- Coddington CofE Primary and Nursery School1.2 km away
- Barnby Road Academy Primary and Nursery school1.4 km away
- Lovers Lane Primary and Nursery School1.7 km away
- The Newark Academy1.9 km away
- Magnus Church of England Academy2.0 km away
- The Suthers School4.1 km away
More reading links
Public Transport Nearby
- Newark Northgate|1.5 km away
- Newark Castle|2.4 km away
- Collingham|7.5 km away
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow or No Broadband available in this area.
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
