47 Lavender Way

    47, LAVENDER WAY, NEWARK, NG24 2PJ

    This terraced leasehold property on Lavender Way last sold in November 2022 for £165,000. Based on price growth in the NG24 district since then, its estimated current value is £155,130 — placing it in the 14th percentile nationally and the 24th percentile within NG24. The property covers 59 m² (635 sq ft), giving an estimated value of £2,629 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £165,000

    Nov 2022

    Estimated Valuation

    £155,130

    Est. £/sq ft

    £244/sq ft

    £2,629/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialA
    Floor area635 sq ft (59 m²)
    EPC dateApr 2016
    WallsAverage thermal transmittance 0.28 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Nov 2022

    £165,000

    16 Sept 2016

    New build

    £136,995

    Key Metrics

    Estimated valuation£155,130
    Value per sq ft / m²£244/sq ft (£2,629/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile24th percentile
    National percentile14th 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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