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According to the public record, Lynby, Newark is a period freehold house with 1,571 ft2 of internal area and sits on a 703 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 Lynby, Newark is £281,781 and the estimated rental value is £1,411 per month.
Wellow Road, Eakring, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
Lynby, Newark has 21 entries in the Land Registry , most recently in June 2022 and a single entry in the EPC database dated January 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.
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 Lynby, Newark is in very good condition we estimate a sale value of £295,870 and a rental value of £1,481 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £262,056 and a rental value of £1,312 per month.
Over the last 12 months the sale value of Lynby Newark has decreased by an estimated £1,582 (0.6%) and its rental value has increased by an estimated £34 per month (2.4%), giving an expected gross yield of 6%.
According to data from HM Land Registry, Lynby, Newark sits on a plot of 703m2.
We have plot size data on 8 out of 14 other houses in the postcode and Lynby, Newark sits on the 7th largest plot.
Lynby, Newark has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 21 Jan 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, dual fuel (mineral and wood).
According to HM Land Registry, Lynby, Newark was last sold on 7th June 2022 for £410,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2022, the market for similar properties has dropped 35.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lynby, Newark within a radius of 3.2 kilometres over the last 2 years.
The most recent example is Hall Farm Barn, Main Street, Newark, NG22 0DD, a freehold house which sold for £387,000 on the 17th August 2020.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellow Road, Eakring, Newark, NG22 has a total of 14 addresses. According to our analysis of all the public data, Lynby, Newark is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £35k more expensive than the average property in NG22.
The closest station to Lynby, Newark is Rolleston station which is 11.8 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Lynby, 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 Lynby, 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 Lynby, 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 Lynby, 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 Lynby, 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.
