40 Phoenix Lane

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

    This detached freehold property on Phoenix Lane last sold in September 2021 for £394,995. Based on price growth in the NG24 district since then, its estimated current value is £437,880 — placing it in the 72nd percentile nationally and the 94th percentile within NG24. The property covers 164 m² (1,765 sq ft), giving an estimated value of £2,670 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

    £394,995

    Sept 2021

    Estimated Valuation

    £437,880

    Est. £/sq ft

    £248/sq ft

    £2,670/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 dateAug 2021
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Sept 2021

    £394,995

    Key Metrics

    Estimated valuation£437,880
    Value per sq ft / m²£248/sq ft (£2,670/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile94th percentile
    National percentile72nd 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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