Our Data Sources
5, Reed Close, Newark has a single entry in the Land Registry from August 2021 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Reed Close, Newark is in very good condition we estimate a sale value of £243,101 and a rental value of £1,060 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,318 and a rental value of £939 per month.
Plot Size
According to data from HM Land Registry, 5, Reed Close, Newark sits on a plot of 216 m2.
We have plot size data on 8 out of 8 other houses in the postcode and 5, Reed Close, Newark sits on the 7th largest plot.
Energy Efficiency
5, Reed Close, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Jul 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators (mains gas).
Sold Prices
According to HM Land Registry, 5, Reed Close, Newark was last sold on 27th August 2021 for £198,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2021, the market for similar properties has risen by 7.0%.
- Sold Aug 2021£198,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 146 sales of properties similar to 5, Reed Close, Newark within a radius of 760 metres since 2020.
The most recent example is 26, Flaxley Lane, Newark, NG24 3XB, a freehold house which sold for £210,000 on the 30th May 2025.
Read more about house prices in NG24.
- Sold May 2025£210,000 | 3 Bed House26, Flaxley Lane, Newark, NG24 3XB26, Flaxley Lane, Newark, NG24 3XB
- Sold May 2025£239,950 | 3 Bed House14, Heddle Close, Newark, NG24 3YW14, Heddle Close, Newark, NG24 3YW
- Sold Apr 2025£229,950 | 3 Bed House11, Heddle Close, Newark, NG24 3YW11, Heddle Close, Newark, NG24 3YW
- Sold Mar 2025£224,950 | 3 Bed House10, Heddle Close, Newark, NG24 3YW10, Heddle Close, Newark, NG24 3YW
- Sold Nov 2024£210,000 | 3 Bed House27, Catkin Way, Newark, NG24 3DT27, Catkin Way, Newark, NG24 3DT
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 £311,644, ranging from £231,525 to £392,731.
- 4 Reed Close
3 Bed House | 4 m | Est. Value: £231,525
- 6 Reed Close
4 Bed House | 12 m | Est. Value: £326,803
- 3 Reed Close
4 Bed House | 16 m | Est. Value: £326,803
- 41 Heddle Close
4 Bed House | 24 m | Est. Value: £305,461
- 2 Hopper Road
3 Bed House | 27 m | Est. Value: £280,953
Location Comparison
Reed Close, Middlebeck, Newark, NG24 has a total of 8 addresses. According to our analysis of all the public data, 5, Reed Close, Newark is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £18k more expensive than the average property in NG24.
More reading links
Schools Nearby
- The Sir Donald Bailey Academy800 m away
- John Hunt Academy900 m away
- The King's Church of England Primary Academy1.4 km away
- The Newark Academy1.2 km away
- Magnus Church of England Academy1.4 km away
- The Suthers School2.2 km away
More reading links
Public Transport Nearby
- Newark Castle|2.9 km away
- Newark Northgate|2.9 km away
- Rolleston|6.8 km away
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be Very Low.












