6, Lodge Close
6, Lodge Close
Description & Estimates
According to the public record, 6, Lodge Close, Newark is a modern freehold house with 1,377 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, Lodge Close, Newark is £375,767 and the estimated rental value is £1,456 per month.
Lodge Close, Long Bennington, Newark, NG23 is located in the borough of South Kesteven within the NG23 postal district.
Our Data Sources
6, Lodge Close, Newark has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated December 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 6, Lodge Close, Newark is in very good condition we estimate a sale value of £394,555 and a rental value of £1,529 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £349,463 and a rental value of £1,354 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 6, Lodge Close, Newark has fallen by £5,024 (1.3%), while its estimated rental value has moved up by £31 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 4.7%.
Energy Efficiency
6, Lodge Close, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Dec 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 6, Lodge Close, Newark was last sold on 9th December 2022 for £398,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has dropped by 6.8%.
- Sold Dec 2022£398,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Lodge Close, Newark within a radius of 4.8 kilometres over the last 2 years.
The most recent example is 4, Lodge Close, Newark, NG23 5NJ, a freehold house which sold for £320,000 on the 27th September 2024.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lodge Close, Long Bennington, Newark, NG23 has a total of 9 addresses. According to our analysis of all the public data, 6, Lodge Close, Newark is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in NG23.
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Schools Nearby
- 500mLong Bennington Church of England Academy
- 5.0kmThe Claypole Church of England Primary School
- 5.1kmAllington with Sedgebrook Church of England Primary School
- 5.5kmThe Suthers School
- 6.9kmThe Priory Belvoir Academy
- 7.9kmThe Newark Academy
More reading links
Public Transport Nearby
The closest station to 6, Lodge Close, Newark is Bottesford station, which is 5.8 kilometres away.
- 5.8kmBottesford
- 7.7kmElton & Orston
- 10.2kmAslockton
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
