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According to the public record, Spring Farm, Newark is a period house with 2,238 ft2 of internal area and sits on a 532,322 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 Spring Farm, Newark is £723,465 and the estimated rental value is £2,856 per month.
Station Road, Edingley, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
Spring Farm, Newark has no records in the the Land Registry and a single entry in the EPC database dated August 2021.
We combine this information with public data 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 Spring Farm, Newark is in very good condition we estimate a sale value of £759,638 and a rental value of £2,998 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £672,822 and a rental value of £2,656 per month.
Over the last 12 months the sale value of Spring Farm Newark has decreased by an estimated £13,557 (1.9%) and its rental value has increased by an estimated £24 per month (0.8%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, Spring Farm, Newark sits on a plot of 532322m2.
Spring Farm, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Aug 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Spring Farm, Newark within a radius of 3.3 kilometres over the last 2 years.
The most recent example is Bessenger Farm, Station Road, Newark, NG22 8BX, a freehold house which sold for £675,000 on the 20th November 2024.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Edingley, Newark, NG22 has a total of 48 addresses. According to our analysis of all the public data, Spring Farm, Newark is the 10th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £477k more expensive than the average property in NG22.
The closest station to Spring Farm, Newark is Fiskerton station which is 7.8 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 Spring Farm, Newark, 56.1% of property is privately owned outright and 31.2% 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 Spring Farm, Newark, 15.8% of residents are recorded as possessing school level qualifications and 43.8% 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 Spring Farm, 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 Spring Farm, Newark, 0.5% 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 Spring Farm, Newark, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.