Our Data Sources
5, Welfen Lane, Newark has no records in the the Land Registry and a single entry in the EPC database dated November 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 5, Welfen Lane, Newark would be worth £267,408, with a potential rental value of £1,357 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £236,847, with a rental value of £1,202 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
5, Welfen Lane, Newark occupies a 214 m2 plot as recorded by HM Land Registry.
Of the 22 other houses in this postcode, 17 have recorded plot sizes, and this one ranks as the 16th largest.
Energy Efficiency
5, Welfen Lane, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Nov 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 244 sales of comparable properties within 2.8 kilometres of 5, Welfen Lane, Newark across the last 2 years.
Most recently, 5, Allen Close, Newark, NG23 5FH, a freehold house, sold at £287,500 on the 25th September 2024.
Read more about house prices in NG23.
- Sold Sep 2024£287,500 | 3 Bed House5, Allen Close, Newark, NG23 5FH5, Allen Close, Newark, NG23 5FH
- Sold Jun 2024£260,000 | 3 Bed House17, Moore Close, Newark, NG23 5AU17, Moore Close, Newark, NG23 5AU
- Sold Dec 2023£291,000 | 3 Bed House4, Allen Close, Newark, NG23 5FH4, Allen Close, Newark, NG23 5FH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 5, Welfen Lane, Newark as the 9th largest and the 10th most expensive of the 22 addresses on Welfen Lane, Claypole, Newark, NG23.
Against the NG23 postcode district average, it is £119k less expensive than the typical property.
More reading links
Schools Nearby
- The Claypole Church of England Primary School400 m away
- Chuter Ede Primary School3.7 km away
- John Hunt Academy4.3 km away
- The Suthers School2.7 km away
- The Newark Academy4.6 km away
- Magnus Church of England Academy5.8 km away
More reading links
Public Transport Nearby
- Newark Northgate|6.8 km away
- Newark Castle|7.2 km away
- Bottesford|10.6 km away
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast Broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
