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According to the public record, Sconce Cottage, Newark is a early-century freehold house with 2,088 ft2 of internal area and sits on a 1,795 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Sconce Cottage, Newark is £557,460 and the estimated rental value is £1,705 per month.
Devon Park, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Sconce Cottage, Newark has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Sconce Cottage, Newark is in very good condition we estimate a sale value of £585,333 and a rental value of £1,790 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £518,438 and a rental value of £1,585 per month.
Over the last 12 months the sale value of Sconce Cottage Newark has decreased by an estimated £2,855 (0.5%) and its rental value has increased by an estimated £37 per month (2.2%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, Sconce Cottage, Newark sits on a plot of 1795m2.
Sconce Cottage, Newark has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 15 Dec 2021.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Sconce Cottage, Newark was last sold on 10th June 2022 for £555,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2022, the market for similar properties has dropped 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Sconce Cottage, Newark within a radius of 750 metres over the last 2 years.
The most recent example is 96, Hawton Road, Newark, NG24 4QF, a freehold house which sold for £550,000 on the 5th November 2021.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devon Park, Newark, NG24 has a total of 2 addresses. According to our analysis of all the public data, Sconce Cottage, Newark is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £345k more expensive than the average property in NG24.
The closest station to Sconce Cottage, Newark is Newark Castle station which is 1.3 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 Sconce Cottage, Newark, 71.9% of property is privately owned outright and 20.9% 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 Sconce Cottage, Newark, 5.6% of residents are recorded as possessing school level qualifications and 30.4% 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 Sconce Cottage, Newark, the average age was 42 and the most common age was 52.
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 Sconce Cottage, Newark, 3.9% 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 Sconce Cottage, Newark, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
