2 Cranwell Close

    2, CRANWELL CLOSE, NEWARK, NG24 2SZ

    This detached freehold property on Cranwell Close last sold in December 2022 for £475,000. Based on price growth in the NG24 district since then, its estimated current value is £469,658 — placing it in the 76th percentile nationally and the 96th percentile within NG24. The property covers 190 m² (2,045 sq ft), giving an estimated value of £2,472 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,045 sq ft

    190 m²

    Last Sale Price

    £475,000

    Dec 2022

    Estimated Valuation

    £469,658

    Est. £/sq ft

    £230/sq ft

    £2,472/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area2,045 sq ft (190 m²)
    EPC dateSept 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Dec 2022

    £475,000

    22 Jan 2004

    New build

    £270,000

    Key Metrics

    Estimated valuation£469,658
    Value per sq ft / m²£230/sq ft (£2,472/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile96th percentile
    National percentile76th 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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