2 Mill Lane

    2, MILL LANE, NEWARK, NG24 4TT

    This terraced freehold property on Mill Lane last sold in April 2011 for £105,950. Based on price growth in the NG24 district since then, its estimated current value is £167,926 — placing it in the 16th percentile nationally and the 30th percentile within NG24. The property covers 58 m² (624 sq ft), giving an estimated value of £2,895 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £105,950

    Apr 2011

    Estimated Valuation

    £167,926

    Est. £/sq ft

    £269/sq ft

    £2,895/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateMay 2013
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Apr 2011

    £105,950

    3 Nov 2000

    New build

    £59,500

    Key Metrics

    Estimated valuation£167,926
    Value per sq ft / m²£269/sq ft (£2,895/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile30th percentile
    National percentile16th 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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