38 Phoenix Lane

    38, PHOENIX LANE, FERNWOOD, NEWARK, NG24 3UA

    This detached freehold property on Phoenix Lane last sold in May 2024 for £415,000. Based on price growth in the NG24 district since then, its estimated current value is £405,110 — placing it in the 68th percentile nationally and the 93rd percentile within NG24. The property covers 164 m² (1,765 sq ft), giving an estimated value of £2,470 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,765 sq ft

    164 m²

    Last Sale Price

    £415,000

    May 2024

    Estimated Valuation

    £405,110

    Est. £/sq ft

    £229/sq ft

    £2,470/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2020
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,765 sq ft (164 m²)
    EPC dateJul 2021
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 May 2024

    £415,000

    17 Sept 2021

    New build

    £394,995

    Key Metrics

    Estimated valuation£405,110
    Value per sq ft / m²£229/sq ft (£2,470/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile93rd percentile
    National percentile68th 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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