Redd Cottage Wellow Road

    REDD COTTAGE, WELLOW ROAD, OLLERTON, NEWARK, NG22 9AP

    This detached freehold property on Wellow Road last sold in March 2021 for £341,000. Based on price growth in the NG22 district since then, its estimated current value is £363,696 — placing it in the 62nd percentile nationally and the 79th percentile within NG22. The property covers 248 m² (2,669 sq ft), giving an estimated value of £1,467 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,669 sq ft

    248 m²

    Last Sale Price

    £341,000

    Mar 2021

    Estimated Valuation

    £363,696

    Est. £/sq ft

    £136/sq ft

    £1,467/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageI
    Habitable rooms9
    Main fueloil (not community)
    EPC currentC
    EPC potentialB
    Floor area2,669 sq ft (248 m²)
    EPC dateJan 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    5 Mar 2021

    £341,000

    4 Nov 2016

    £274,000

    Key Metrics

    Estimated valuation£363,696
    Value per sq ft / m²£136/sq ft (£1,467/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG22 district percentile79th percentile
    National percentile62nd 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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