16 Lavender Way

    16, LAVENDER WAY, NEWARK, NG24 2PL

    This terraced freehold property on Lavender Way last sold in February 2023 for £190,000. Based on price growth in the NG24 district since then, its estimated current value is £175,304 — placing it in the 18th percentile nationally and the 34th percentile within NG24. The property covers 74 m² (797 sq ft), giving an estimated value of £2,369 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £190,000

    Feb 2023

    Estimated Valuation

    £175,304

    Est. £/sq ft

    £220/sq ft

    £2,369/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area797 sq ft (74 m²)
    EPC dateDec 2018
    WallsAverage thermal transmittance 0.28 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Feb 2023

    £190,000

    20 Dec 2018

    New build

    £169,995

    Key Metrics

    Estimated valuation£175,304
    Value per sq ft / m²£220/sq ft (£2,369/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile34th percentile
    National percentile18th 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

    More properties in NG24

    Streets in NG24

    Explore nearby