Thorpe Lodge, Newark
Thorpe Lodge, Newark
Description & Estimates
Thorpe Lodge, Newark is described in the public record as a mid-century house with 1,496 ft2 of internal area, sitting on a 1,060 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Thorpe Lodge, Newark is £434,032 and its rental estimate is £1,473 per month, given the available information and assuming reasonable condition.
Sibthorpe, Newark, NG23 falls within the NG23 postal district, in the borough of Rushcliffe.
Our Data Sources
Thorpe Lodge, Newark has no records in the the Land Registry and a single entry in the EPC database dated November 2013.
We combine this information with public data 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.
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 Thorpe Lodge, Newark, we estimate a market value of £455,734 and a rental value of £1,546 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £403,650 and £1,370 per month respectively.
Recent Market Change
Over the last year, Thorpe Lodge, Newark has seen its estimated sale value drop by £5,804 (1.3%) and its estimated rental value rise by £31 per month (2.1%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for Thorpe Lodge, Newark as measuring 1,060 m2.
That makes it the 6th largest plot in the postcode, where 18 of the 39 other houses have recorded plot data.
Energy Efficiency
Thorpe Lodge, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Thorpe Lodge, Newark have sold within a radius of 5.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2022, was Hunters Cottage, Burnell Close, Newark, NG23 5PT, a freehold house which sold for £405,000.
Read more about house prices in NG23.
- Sold Nov 2022£405,000 | 4 Bed HouseHunters Cottage, Burnell Close, Newark, NG23 5PTHunters Cottage, Burnell Close, Newark, NG23 5PT
- Sold Dec 2019£320,000 | 4 Bed HouseHawkstone, Newark, NG23 5PNHawkstone, Newark, NG23 5PN
- Sold Dec 2018£334,000 | 4 Bed HouseThreshing Barn, Burnell Close, Newark, NG23 5PTThreshing Barn, Burnell Close, Newark, NG23 5PT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 54 addresses on Sibthorpe, Newark, NG23, Thorpe Lodge, Newark comes out as the 14th largest and the 16th most expensive in our analysis of the public data.
It is also £64k more expensive than the average property across the NG23 district.
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Schools Nearby
- 2.6kmFlintham Primary School
- 2.9kmAll Saints Anglican/Methodist Primary School
- 4.0kmOrston Primary School
- 7.5kmThe Suthers School
- 7.7kmThe Priory Belvoir Academy
- 8.3kmToot Hill School
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Public Transport Nearby
From Thorpe Lodge, Newark, the nearest station is Elton & Orston, 5.2 kilometres away.
- 5.2kmElton & Orston
- 5.8kmAslockton
- 7.2kmBleasby
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
