Chestnut Cottage Crees Lane

    CHESTNUT COTTAGE, CREES LANE, NEWARK, NG24 4TJ

    This detached freehold property on Crees Lane last sold in August 2015 for £515,000. Based on price growth in the NG24 district since then, its estimated current value is £754,016 — placing it in the 92nd percentile nationally and the 99th percentile within NG24. The property covers 234 m² (2,519 sq ft), giving an estimated value of £3,222 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,519 sq ft

    234 m²

    Last Sale Price

    £515,000

    Aug 2015

    Estimated Valuation

    £754,016

    Est. £/sq ft

    £299/sq ft

    £3,222/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms7
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area2,519 sq ft (234 m²)
    EPC dateMar 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    17 Aug 2015

    £515,000

    4 Dec 2006

    £620,000

    Key Metrics

    Estimated valuation£754,016
    Value per sq ft / m²£299/sq ft (£3,222/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile99th percentile
    National percentile92nd 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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