1 Oliver Close, Newark, NG24 1RS is a freehold terraced property built between 1983-1990. The property offers approximately 570 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £144,918 , which equates to approximately £254 per square foot. It was last sold on 9 Oct 2009 for £85,000. Since then, the value has increased by £59,918, representing a 70.5% increase, or approximately 4.3% per year.

The current estimated value of £144,918 is:

  • 8.1% lower than the average property price on Oliver Close
  • 1.9% higher than the average in the NG24 1RS postcode area
  • and 39.5% lower than the average price for Newark as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 6 December 2021, the property was recorded as rented.

View sold house prices in NG24 1RS

Building approximate location

About Property

Type
Terraced House
Built
1983-1990
Interior Size
570 sq ft
Tenure
Freehold
Price (estimate)
£144,918
Price Per sq ft (estimate)
£254
Bedroom Count (estimate)
1 bedroom

EPC Summary

1 Oliver Close, Newark, Newark And Sherwood, Nottinghamshire, NG24 1RS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 6 Dec 2021.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 29 Jun 2009. The rating of D is unchanged, though the energy efficiency score decreased by 6.7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 150mm loft insulation to pitched, insulated (assumed), changing energy efficiency from good to average.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 80% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, insulated (assumed)
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to NG24 1RS

8 th / 19
Price Rank
2% higher than average
10 th / 19
Size Rank
1% smaller than average
9 th / 19
Price Per Sq FT Rank
3% higher than average

Compared to other properties in NG24 1RS , this house's estimated value ranks 8th out of 19. Based on price per square foot, it ranks 9th out of 19 properties. In terms of size, this home ranks 10th out of 19 properties in its postcode area.

Sale History

Today
£144,918
streetscan.co.uk estimate
+70 %
9 Oct 2009
£85,000
Leasehold
+144.3 %
30 Jan 1998
£34,800
Leasehold

Area Insights

Similar Properties Sold Nearby

20 Oliver Close, Newark, NG24 1RS
rooms: 3
size: 570 sq ft
sale price: £155,500
sale date: 4 Jul 2024
11 Oliver Close, Newark, NG24 1RS
rooms: 3
size: 603 sq ft
sale price: £135,000
sale date: 30 Apr 2024
7 Oliver Close, Newark, NG24 1RS
rooms: 3
size: 570 sq ft
sale price: £145,000
sale date: 18 Nov 2022
6 Oliver Close, Newark, NG24 1RS
rooms: 4
size: 570 sq ft
sale price: £115,000
sale date: 14 Jan 2021
17 Oliver Close, Newark, NG24 1RS
rooms: 4
size: 581 sq ft
sale price: £110,000
sale date: 1 Mar 2019

Data Sources

The property at 1 Oliver Close, Newark, NG24 1RS appears two times in the Land Registry records, with the latest transaction recorded on 9 Oct 2009. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Dec 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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