5, Penswick Grove
5, Penswick Grove
Description & Estimates
According to the public record, 5, Penswick Grove, Newark is a mid-century freehold house with 807 ft2 of internal area and sits on a 361 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Penswick Grove, Newark is £264,360 and the estimated rental value is £906 per month.
Penswick Grove, Coddington, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Our Data Sources
5, Penswick Grove, Newark has a single entry in the Land Registry from September 2014 and a single entry in the EPC database dated June 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5, Penswick Grove, Newark is in very good condition we estimate a sale value of £277,578 and a rental value of £951 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,855 and a rental value of £842 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Penswick Grove, Newark has dropped by £3,187 (1.2%), while its estimated rental value has risen by £21 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 4.1%.
Plot Size
According to data from HM Land Registry, 5, Penswick Grove, Newark sits on a plot of 361 m2.
We have plot size data on 20 out of 20 other houses in the postcode and 5, Penswick Grove, Newark sits on the 12th largest plot.
Energy Efficiency
5, Penswick Grove, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 5, Penswick Grove, Newark was last sold on 19th September 2014 for £195,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2014, the market for similar properties has risen by 14.8%.
- Sold Sep 2014£195,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Penswick Grove, Newark within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 15, Penswick Grove, Newark, NG24 2QL, a freehold house which sold for £250,000 on the 5th August 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
Penswick Grove, Coddington, Newark, NG24 has a total of 20 addresses. According to our analysis of all the public data, 5, Penswick Grove, Newark is the 11th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in NG24.
More reading links
Schools Nearby
- 600mCoddington CofE Primary and Nursery School
- 2.0kmBarnby Road Academy Primary and Nursery school
- 2.3kmBishop Alexander L.E.A.D. Academy
- 2.4kmThe Newark Academy
- 2.7kmMagnus Church of England Academy
- 4.4kmThe Suthers School
More reading links
Public Transport Nearby
The closest station to 5, Penswick Grove, Newark is Newark Northgate station, which is 2.1 kilometres away.
- 2.1kmNewark Northgate
- 3.0kmNewark Castle
- 7.1kmCollingham
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
