The Ashes, Newark
The Ashes, Newark
Description & Estimates
The Ashes, Newark is recorded publicly as a modern freehold house across 2,335 ft2 of internal area, sitting on a 309 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of The Ashes, Newark is £285,551 and its rental estimate is £1,339 per month, given the available information and assuming reasonable condition.
Cinder Lane, Ollerton, Newark, NG22 falls within the NG22 postal district, in the borough of Newark and Sherwood.
Our Data Sources
The Ashes, Newark has 21 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated October 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 The Ashes, Newark, we estimate a market value of £299,829 and a rental value of £1,406 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £265,563 and £1,246 per month respectively.
Recent Market Change
Over the last year, The Ashes, Newark has seen its estimated sale value move down by £4,449 (1.6%) and its estimated rental value increase by £24 per month (1.8%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for The Ashes, Newark as measuring 309 m2.
That makes it the 8th largest plot in the postcode, where 16 of the 25 other houses have recorded plot data.
Energy Efficiency
The Ashes, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Oct 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of The Ashes, Newark completed on 26th October 2018 at £263,000 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 50.4% over the period since October 2018.
- Sold Oct 2018£263,000
- Sold Jun 2004£55,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to The Ashes, Newark has sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th September 2007, was Haydon House, Tor Lane, Newark, NG22 9BT, a freehold house which sold for £279,995.
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 25 addresses on Cinder Lane, Ollerton, Newark, NG22, The Ashes, Newark comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £38k more expensive than the average property across the NG22 district.
More reading links
Schools Nearby
- Maun Infant and Nursery School1.3 km away
- The Forest View Academy1.3 km away
- The Parkgate Academy1.8 km away
- The Dukeries Academy1.9 km away
- The Garibaldi School8.7 km away
- Meden School9.1 km away
More reading links
Public Transport Nearby
From The Ashes, Newark, the nearest station is Shirebrook, 12.6 kilometres away.
- Shirebrook|12.6 km away
- Mansfield Woodhouse|12.9 km away
- Mansfield|13.4 km away
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.
