18 Hounsfield Close, Newark, NG24 2LR is a freehold terraced property built between 1991-1995. The property offers approximately 355 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 £129,620 , which equates to approximately £365 per square foot. It was last sold on 5 Jun 2020 for £100,000. Since then, the value has increased by £29,620, representing a 29.6% increase, or approximately 4.9% per year.

The current estimated value of £129,620 is:

  • 24.7% lower than the average property price on Hounsfield Close
  • 21.2% lower than the average in the NG24 2LR postcode area
  • and 44.5% 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 4 January 2023, the property was recorded as rented.

View sold house prices in NG24 2LR

Building approximate location

About Property

Type
Terraced House
Built
1991-1995
Interior Size
355 sq ft
Tenure
Freehold
Price (estimate)
£129,620
Price Per sq ft (estimate)
£365
Bedroom Count (estimate)
1 bedroom

EPC Summary

18 Hounsfield Close, Newark, Newark And Sherwood, Nottinghamshire, NG24 2LR has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 4 Jan 2023.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 May 2011. The rating of E is unchanged, though the energy efficiency score decreased by 4.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, insulated (assumed), with no change in energy efficiency (average).
  • The lighting was updated from no low energy lighting to low energy lighting in 83% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, insulated (assumed)
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to NG24 2LR

25 th / 37
Price Rank
21% lower than average
24 th / 28
Size Rank
35% smaller than average
2 nd / 28
Price Per Sq FT Rank
21% higher than average

Sale History

Today
£129,620
streetscan.co.uk estimate
+30 %
5 Jun 2020
£100,000
Freehold
+8.1 %
25 Sep 2017
£92,500
Freehold
+17.8 %
1 Apr 2015
£78,500
Freehold
+2 %
1 Sep 2011
£76,950
Freehold
+119.9 %
13 Dec 2001
£35,000
Freehold
+27.3 %
5 Sep 1997
£27,500
Freehold
-1.8 %
30 Nov 1995
£28,000
Freehold

Area Insights

Similar Properties Sold Nearby

20 Hounsfield Close, Newark, NG24 2LR
rooms: 1
size: 366 sq ft
sale price: £83,000
sale date: 22 Oct 2015
25 Hounsfield Close, Newark, NG24 2LR
rooms: 2
size: 355 sq ft
sale price: £72,500
sale date: 16 Jul 2007

Data Sources

The property at 18 Hounsfield Close, Newark, NG24 2LR appears seven times in the Land Registry records, with the latest transaction recorded on 5 Jun 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Jan 2023. 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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