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According to the public record, Lilac Cottage, Newark is a period house with 1,980 ft2 of internal area and sits on a 466 m2 plot.
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 Lilac Cottage, Newark is £544,305 and the estimated rental value is £2,169 per month.
Side Lane, Eakring, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
Lilac Cottage, Newark has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2014.
We combine this information with public data 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.
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 Lilac Cottage, Newark is in very good condition we estimate a sale value of £571,520 and a rental value of £2,277 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £506,204 and a rental value of £2,017 per month.
Over the last 12 months the sale value of Lilac Cottage Newark has decreased by an estimated £3,055 (0.6%) and its rental value has increased by an estimated £52 per month (2.4%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, Lilac Cottage, Newark sits on a plot of 466m2.
We have plot size data on 2 out of 3 other houses in the postcode and Lilac Cottage, Newark sits on the largest plot.
Lilac Cottage, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Lilac Cottage, Newark was last sold on 24th July 1998 for £50,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lilac Cottage, Newark within a radius of 3.2 kilometres over the last 2 years.
The most recent example is The Old Post Office, Kirklington Road, Newark, NG22 0DA, a freehold house which sold for £232,000 on the 27th September 2021.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Side Lane, Eakring, Newark, NG22 has a total of 3 addresses. According to our analysis of all the public data, Lilac Cottage, Newark is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £297k more expensive than the average property in NG22.
The closest station to Lilac Cottage, Newark is Rolleston station which is 11.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Lilac Cottage, Newark, 49.0% of property is privately owned outright and 32.8% is privately owned with a mortgage.
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 Lilac Cottage, Newark, 13.6% of residents are recorded as possessing school level qualifications and 40.4% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Lilac Cottage, Newark, the average age was 45.1 and the most common age was 57.
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 Lilac Cottage, Newark, 1.1% 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 Lilac Cottage, Newark, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
