1, The Old Chapel Lovers Lane, Newark, NG24 1HU is a leasehold flat built in 2007 onwards. The property offers approximately 484 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £98,918 , which equates to approximately £204 per square foot. It was last sold on 12 Apr 2012 for £64,000. Since then, the value has increased by £34,918, representing a 54.6% increase, or approximately 4.0% per year.

The current estimated value of £98,918 is:

  • 35.7% lower than the average property price on Lovers Lane
  • 17.8% lower than the average in the NG24 1HU postcode area
  • and 58.7% lower than the average price for Newark as a whole

At the most recent EPC inspection on 2 June 2010, the property was recorded as owner-occupied.

View sold house prices in NG24 1HU

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£98,918
Price Per sq ft (estimate)
£204
Bedroom Count (estimate)
1 bedroom

EPC Summary

1, The Old Chapel Lovers Lane, Newark, Newark And Sherwood, Nottinghamshire, NG24 1HU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 May 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Jun 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The lighting was updated from low energy lighting in 15% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NG24 1HU

10 th / 13
Price Rank
18% lower than average
11 th / 11
Size Rank
35% smaller than average
5 th / 11
Price Per Sq FT Rank
26% higher than average

Compared to other properties in NG24 1HU , this flat's estimated value ranks 10th out of 13. Based on price per square foot, it ranks 5th out of 11 properties. In terms of size, this home ranks 11th out of 11 properties in its postcode area.

Sale History

Today
£98,918
streetscan.co.uk estimate
+55 %
12 Apr 2012
£64,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 506 sq ft
sale price: £53,000
sale date: 28 Mar 2013

Data Sources

The property at 1, The Old Chapel Lovers Lane, Newark, Newark And Sherwood, Nottinghamshire, NG24 1HU appears once in the Land Registry records, with the transaction recorded on 12 Apr 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 May 2020. 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.