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Public records show The Hedgewig, Newark to be a modern freehold house with 1,593 ft2 of internal area, sitting on a 464 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
The Hedgewig, Newark has an estimated sale value of £407,265 and an estimated rental value of £1,412 per month, assuming reasonable condition and based on the information available.
Newark Road, Cotham, Newark, NG23 lies in the borough of Newark and Sherwood, within the NG23 postal district.
The Hedgewig, Newark has 21 entries in the Land Registry , most recently in April 2013 and a single entry in the EPC database dated August 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate The Hedgewig, Newark would be worth £427,628, with a potential rental value of £1,483 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £378,757, with a rental value of £1,313 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of The Hedgewig, Newark has declined by £5,446 (1.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £30 (2.1%). The property's estimated gross yield is currently 4.2%.
The Hedgewig, Newark occupies a 464 m2 plot as recorded by HM Land Registry.
Of the 18 other houses in this postcode, 14 have recorded plot sizes, and this one ranks as the 9th largest.
The Hedgewig, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
The Hedgewig, Newark last changed hands on 26th April 2013, selling for £205,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 43.3% since April 2013.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.3 kilometres of The Hedgewig, Newark across the last 2 years.
Most recently, 3 The Chestnuts, Newark Road, Newark, NG23 5JS, a freehold house, sold at £419,000 on the 14th March 2023.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks The Hedgewig, Newark as the 10th largest and the 9th most expensive of the 21 addresses on Newark Road, Cotham, Newark, NG23.
Against the NG23 postcode district average, it is £38k more expensive than the typical property.
Newark Castle station is the nearest stop to The Hedgewig, Newark at 6.7 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around The Hedgewig, Newark, 42.9% of property is privately owned outright and 37.8% 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 The Hedgewig, Newark, 23.4% of residents are recorded as possessing school level qualifications and 37.5% 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 The Hedgewig, Newark, the average age was 43.6 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 The Hedgewig, Newark, 0.0% 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 The Hedgewig, 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.