42 Lavender Way

    42, LAVENDER WAY, NEWARK, NG24 2PL

    This detached leasehold property on Lavender Way last sold in August 2016 for £259,995. Based on price growth in the NG24 district since then, its estimated current value is £375,748 — placing it in the 64th percentile nationally and the 90th percentile within NG24. The property covers 115 m² (1,238 sq ft), giving an estimated value of £3,267 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,238 sq ft

    115 m²

    Last Sale Price

    £259,995

    Aug 2016

    Estimated Valuation

    £375,748

    Est. £/sq ft

    £304/sq ft

    £3,267/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,238 sq ft (115 m²)
    EPC dateAug 2016
    WallsAverage thermal transmittance 0.28 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Aug 2016

    New build

    £259,995

    Key Metrics

    Estimated valuation£375,748
    Value per sq ft / m²£304/sq ft (£3,267/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile90th percentile
    National percentile64th 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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