Lilac Tree Cottage Chapel Lane

    LILAC TREE COTTAGE, CHAPEL LANE, FARNSFIELD, NEWARK, NG22 8JP

    This terraced freehold property on Chapel Lane last sold in May 2021 for £190,000. Based on price growth in the NG22 district since then, its estimated current value is £219,931 — placing it in the 30th percentile nationally and the 51st percentile within NG22. The property covers 56 m² (603 sq ft), giving an estimated value of £3,927 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £190,000

    May 2021

    Estimated Valuation

    £219,931

    Est. £/sq ft

    £365/sq ft

    £3,927/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateSept 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 May 2021

    £190,000

    27 Jul 2018

    £160,000

    26 Nov 2010

    £142,000

    17 Aug 2007

    £139,950

    20 Jan 2006

    £118,000

    28 Feb 2002

    £76,500

    30 May 1997

    £53,000

    Key Metrics

    Estimated valuation£219,931
    Value per sq ft / m²£365/sq ft (£3,927/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG22 district percentile51st percentile
    National percentile30th 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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