Penlan Wellow Road

    PENLAN, WELLOW ROAD, OLLERTON, NEWARK, NG22 9BB

    This detached freehold property on Wellow Road last sold in August 2022 for £175,000. Based on price growth in the NG22 district since then, its estimated current value is £174,762 — placing it in the 18th percentile nationally and the 34th percentile within NG22. The property covers 81 m² (872 sq ft), giving an estimated value of £2,158 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £175,000

    Aug 2022

    Estimated Valuation

    £174,762

    Est. £/sq ft

    £200/sq ft

    £2,158/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area872 sq ft (81 m²)
    EPC dateJul 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Aug 2022

    £175,000

    30 Aug 1996

    £38,000

    Key Metrics

    Estimated valuation£174,762
    Value per sq ft / m²£200/sq ft (£2,158/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG22 district percentile34th percentile
    National percentile18th 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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