May Cottage, Newark
May Cottage, Newark
Description & Estimates
May Cottage, Newark is recorded publicly as a modern freehold house across 1,851 ft2 of internal area, sitting on a 359 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of May Cottage, Newark is £478,617 and its rental estimate is £1,525 per month, given the available information and assuming reasonable condition.
Pinfold Lane, Averham, Newark, NG23 falls within the NG23 postal district, in the borough of Newark and Sherwood.
Our Data Sources
May Cottage, Newark has 2 entries in the Land Registry , most recently in January 2015 and a single entry in the EPC database dated August 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 May Cottage, Newark, we estimate a market value of £502,548 and a rental value of £1,602 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £445,114 and £1,419 per month respectively.
Recent Market Change
Over the last year, May Cottage, Newark has seen its estimated sale value move down by £6,400 (1.3%) and its estimated rental value increase by £32 per month (2.1%). This results in an estimated gross rental yield of 3.8%.
Plot Size
HM Land Registry records the plot of land for May Cottage, Newark as measuring 359 m2.
That makes it the 12th largest plot in the postcode, where 15 of the 16 other houses have recorded plot data.
Energy Efficiency
May Cottage, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Aug 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of May Cottage, Newark completed on 23rd January 2015 at £340,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 40.9% over the period since January 2015.
- Sold Jan 2015£340,000
- Sold Jul 2009£280,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to May Cottage, Newark have sold within a radius of 3.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd October 2023, was The Paddock, Staythorpe Road, Newark, NG23 5RA, a freehold house which sold for £490,000.
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
Of the 16 addresses on Pinfold Lane, Averham, Newark, NG23, May Cottage, Newark comes out as the 8th largest and the 6th most expensive in our analysis of the public data.
It is also £109k more expensive than the average property across the NG23 district.
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Schools Nearby
- 2.4kmSt Peter's Crosskeys CofE Academy
- 3.3kmChrist Church C of E Primary School
- 3.4kmHoly Trinity Catholic Voluntary Academy
- 4.3kmMagnus Church of England Academy
- 5.6kmThe Newark Academy
- 7.4kmThe Suthers School
More reading links
Public Transport Nearby
From May Cottage, Newark, the nearest station is Rolleston, 3.1 kilometres away.
- 3.1kmRolleston
- 3.3kmNewark Castle
- 4.2kmFiskerton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
