2 Oakfield Road, Fernwood, Newark, NG24 3FT is a freehold detached property built between 2003-2006. The property offers approximately 1,324 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £292,006 , which equates to approximately £221 per square foot. It was last sold on 29 May 2008 for £180,000. Since then, the value has increased by £112,006, representing a 62.2% increase, or approximately 3.5% per year.

The current estimated value of £292,006 is:

  • 34.4% lower than the average property price on Oakfield Road
  • 33.1% lower than the average in the NG24 3FT postcode area
  • and 21.8% higher than the average price for Newark as a whole

At the most recent EPC inspection on 20 October 2008, the property was recorded as owner-occupied.

View sold house prices in NG24 3FT

Building approximate location

About Property

Type
Detached House
Built
2003-2006
Interior Size
1324 sq ft
Tenure
Freehold
Price (estimate)
£292,006
Price Per sq ft (estimate)
£221
Bedroom Count (estimate)
4 bedrooms

EPC Summary

2 Oakfield Road, Fernwood, Newark, Newark And Sherwood, Nottinghamshire, NG24 3FT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 13 Mar 2019.

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 the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 Oct 2008. The rating of C is unchanged, though the energy efficiency score decreased by 9.2%.

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 system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from very good to poor.
  • The lighting was updated from low energy lighting in 30% of fixed outlets to low energy lighting in 75% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to NG24 3FT

16 th / 18
Price Rank
33% lower than average
9 th / 11
Size Rank
31% smaller than average
8 th / 11
Price Per Sq FT Rank
3% lower than average

Compared to other properties in NG24 3FT , this house's estimated value ranks 16th out of 18. Based on price per square foot, it ranks 8th out of 11 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 9th out of 11 properties in its postcode area.

Sale History

Today
£292,006
streetscan.co.uk estimate
+62 %
29 May 2008
£180,000
Leasehold
-8.9 %
23 Feb 2006
£197,500
Leasehold
+7.9 %
25 Oct 2004
£182,995
Leasehold

Area Insights

Similar Properties Sold Nearby

3 Oakfield Road, Fernwood, Newark, NG24 3FT
rooms: 6
size: 1466 sq ft
sale price: £195,000
sale date: 26 Apr 2013
6 Oakfield Road, Fernwood, Newark, NG24 3FT
rooms: 5
size: 1227 sq ft
sale price: £188,000
sale date: 28 May 2010
1 Oakfield Road, Fernwood, Newark, NG24 3FT
rooms: 6
size: 1238 sq ft
sale price: £187,995
sale date: 20 Dec 2004

Data Sources

The property at 2 Oakfield Road, Fernwood, Newark, NG24 3FT appears three times in the Land Registry records, with the latest transaction recorded on 29 May 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Mar 2019. 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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