8, Welbournes Close
8, Welbournes Close
Description & Estimates
Public records show 8, Welbournes Close, Newark to be a mid-century freehold house with 882 ft2 of internal area, sitting on a 374 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
8, Welbournes Close, Newark has an estimated sale value of £200,608 and an estimated rental value of £1,105 per month, assuming reasonable condition and based on the information available.
Welbournes Close, Long Bennington, Newark, NG23 lies in the borough of South Kesteven, within the NG23 postal district.
Our Data Sources
8, Welbournes Close, Newark has a single entry in the Land Registry from January 2013 and a single entry in the EPC database dated February 2015.
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
In very good condition, we estimate 8, Welbournes Close, Newark would be worth £210,639, with a potential rental value of £1,160 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £186,566, with a rental value of £1,028 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Welbournes Close, Newark has declined by £1,938 (1.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £25 (2.3%). The property's estimated gross yield is currently 6.6%.
Plot Size
8, Welbournes Close, Newark occupies a 374 m2 plot as recorded by HM Land Registry.
All 8 other houses in this postcode have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
8, Welbournes Close, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Feb 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
8, Welbournes Close, Newark last changed hands on 24th January 2013, selling for £125,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 61.0% since January 2013.
- Sold Jan 2013£125,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.2 kilometres of 8, Welbournes Close, Newark across the last 2 years.
Most recently, 12, Welbournes Lane, Newark, NG23 5DP, a freehold house, sold at £215,000 on the 17th October 2022.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 8, Welbournes Close, Newark as the 6th largest and the 3rd most expensive of the 8 addresses on Welbournes Close, Long Bennington, Newark, NG23.
Against the NG23 postcode district average, it is £169k less expensive than the typical property.
More reading links
Schools Nearby
- 900mLong Bennington Church of England Academy
- 4.2kmThe Claypole Church of England Primary School
- 5.4kmAllington with Sedgebrook Church of England Primary School
- 5.0kmThe Suthers School
- 7.5kmThe Newark Academy
- 7.6kmThe Priory Belvoir Academy
More reading links
Public Transport Nearby
Bottesford station is the nearest stop to 8, Welbournes Close, Newark at 6.5 kilometres away.
- 6.5kmBottesford
- 8.4kmElton & Orston
- 9.8kmNewark Northgate
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.
