The Arches, Newark
The Arches, Newark
Description & Estimates
The Arches, Newark is recorded publicly as a period freehold house across 1,627 ft2 of internal area, sitting on a 338 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of The Arches, Newark is £523,957 and its rental estimate is £2,014 per month, given the available information and assuming reasonable condition.
Kersall, Newark, NG22 falls within the NG22 postal district, in the borough of Newark and Sherwood.
Our Data Sources
The Arches, Newark has 41 entries in the Land Registry , most recently in May 2017 and a single entry in the EPC database dated February 2010.
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.
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 The Arches, Newark, we estimate a market value of £550,154 and a rental value of £2,114 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £487,280 and £1,873 per month respectively.
Recent Market Change
Over the last year, The Arches, Newark has seen its estimated sale value drop by £11,826 (2.3%) and its estimated rental value rise by £34 per month (1.7%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for The Arches, Newark as measuring 338 m2.
That makes it the 7th largest plot in the postcode, where 10 of the 17 other houses have recorded plot data.
Energy Efficiency
The Arches, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Feb 2010.
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 The Arches, Newark completed on 2nd May 2017 at £390,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 2.0% over the period since May 2017.
- Sold May 2017£390,000
- Sold Mar 2005£237,000
- Sold Aug 2002£185,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to The Arches, Newark have sold within a radius of 6.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th October 2022, was Rose Cottage, Newark, NG22 0BS, a freehold house which sold for £540,000.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 22 addresses on Kersall, Newark, NG22, The Arches, Newark comes out as the 14th largest and the 12th most expensive in our analysis of the public data.
It is also £278k more expensive than the average property across the NG22 district.
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Schools Nearby
- 2.4kmKneesall CofE Primary Academy
- 3.6kmCaunton Dean Hole CofE Primary School
- 5.9kmNorwell CofE Primary School
- 7.8kmThe Dukeries Academy
- 9.6kmTuxford Academy
- 12.8kmMagnus Church of England Academy
More reading links
Public Transport Nearby
From The Arches, Newark, the nearest station is Rolleston, 9.9 kilometres away.
- 9.9kmRolleston
- 10.3kmFiskerton
- 11.3kmNewark Castle
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.
