The Old Exchange Newark Road

    THE OLD EXCHANGE, NEWARK ROAD, WELLOW, NEWARK, NG22 0EA

    This detached freehold property on Newark Road last sold in May 2022 for £310,000. Based on price growth in the NG22 district since then, its estimated current value is £309,579 — placing it in the 51st percentile nationally and the 70th percentile within NG22. The property covers 134 m² (1,442 sq ft), giving an estimated value of £2,310 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,442 sq ft

    134 m²

    Last Sale Price

    £310,000

    May 2022

    Estimated Valuation

    £309,579

    Est. £/sq ft

    £215/sq ft

    £2,310/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,442 sq ft (134 m²)
    EPC dateSept 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 May 2022

    £310,000

    11 Apr 2014

    £204,950

    Key Metrics

    Estimated valuation£309,579
    Value per sq ft / m²£215/sq ft (£2,310/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG22 district percentile70th percentile
    National percentile51st percentile

    District Context — NG22

    NG22 covers the Mansfield and Forest Town area in Nottinghamshire, situated in the East Midlands between Nottingham and Chesterfield. It is a historic market town community with a traditional working and middle-class character, offering affordable property and strong rental demand.

    Average Property Price - NG22

    £270,176

    34

    National percentile

    Average Net Household Income - NG22

    £39,903

    58

    National percentile

    10-Year Annualised Price Growth - NG22

    3.8%

    59

    National percentile

    10-Year Annualised Rent Growth - NG

    4.7%

    87

    National percentile

    View full analysis for NG22

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