5 The Close

    5, THE CLOSE, NEWARK, NEWARK, NG24 1NR

    This terraced freehold property on The Close last sold in March 1997 for £40,500. Based on price growth in the NG24 district since then, its estimated current value is £181,088 — placing it in the 20th percentile nationally and the 37th percentile within NG24. The property covers 73 m² (786 sq ft), giving an estimated value of £2,481 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £40,500

    Mar 1997

    Estimated Valuation

    £181,088

    Est. £/sq ft

    £230/sq ft

    £2,481/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area786 sq ft (73 m²)
    EPC dateAug 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Mar 1997

    £40,500

    Key Metrics

    Estimated valuation£181,088
    Value per sq ft / m²£230/sq ft (£2,481/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile37th percentile
    National percentile20th percentile

    District Context — NG24

    NG24 covers the Newark and Sherwood area in Nottinghamshire, positioned in the East Midlands between Nottingham and Lincoln. It is a mixed residential and market-town district with a blend of suburban and rural character.

    Average Property Price - NG24

    £240,332

    25

    National percentile

    Average Net Household Income - NG24

    £36,370

    40

    National percentile

    10-Year Annualised Price Growth - NG24

    4.2%

    73

    National percentile

    10-Year Annualised Rent Growth - NG

    4.7%

    87

    National percentile

    View full analysis for NG24

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