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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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66, Lily Lane, Newark is recorded publicly as a modern freehold house across 1,463 ft2 of internal area, sitting on a 301 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 66, Lily Lane, Newark is £304,927 and its rental estimate is £1,162 per month, given the available information and assuming reasonable condition.
Lily Lane, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
66, Lily Lane, Newark has 2 entries in the Land Registry , most recently in February 2022 and a single entry in the EPC database dated April 2018.
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.
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 66, Lily Lane, Newark, we estimate a market value of £320,174 and a rental value of £1,220 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £283,582 and £1,081 per month respectively.
Over the last year, 66, Lily Lane, Newark has seen its estimated sale value decrease by £2,730 (0.9%) and its estimated rental value grow by £30 per month (2.6%). This results in an estimated gross rental yield of 4.6%.
HM Land Registry records the plot of land for 66, Lily Lane, Newark as measuring 301 m2.
That makes it the 4th largest plot in the postcode, where 14 of the 35 other houses have recorded plot data.
66, Lily Lane, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Apr 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 66, Lily Lane, Newark completed on 4th February 2022 at £285,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 11.2% over the period since February 2022.
Over the past 2 years 3 properties similar to 66, Lily Lane, Newark have sold within a radius of 1.2 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.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 54 addresses on Lily Lane, Newark, NG24, 66, Lily Lane, Newark comes out as the 6th largest and the 5th most expensive in our analysis of the public data.
It is also £93k more expensive than the average property across the NG24 district.
From 66, Lily Lane, Newark, the nearest station is Newark Northgate, 1.5 kilometres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 66, Lily Lane, Newark, % of property is and % is .
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 66, Lily Lane, Newark, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 66, Lily Lane, Newark, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 66, Lily Lane, Newark, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
