3 The Spinney, Elston, Newark, NG23 5PE is a freehold detached property built between 1967-1975. The property offers approximately 2,099 square feet of living space. In this location, properties of similar size usually have six bedrooms.

The estimated current market value of the property is £530,769 , which equates to approximately £253 per square foot. It was last sold on 16 Sep 2024 for £500,000. Since then, the value has increased by £30,769, representing a 6.2% increase, or approximately 5.0% per year.

The current estimated value of £530,769 is:

  • 11.4% higher than the average property price on The Spinney
  • 11.8% higher than the average in the NG23 5PE postcode area
  • and 121.5% higher than the average price for Newark as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 3 June 2024, the property was recorded as owner-occupied.

View sold house prices in NG23 5PE

Building approximate location

About Property

Type
Detached House
Built
1967-1975
Interior Size
2099 sq ft
Tenure
Freehold
Price (estimate)
£530,769
Price Per sq ft (estimate)
£253
Bedroom Count (estimate)
6 bedrooms

EPC Summary

3 The Spinney, Elston, Newark, Newark And Sherwood, Nottinghamshire, NG23 5PE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 3 Jun 2024.

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 8 Jul 2011, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 8.7%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from good to very good.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 46% of fixed outlets to low energy lighting in 77% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 77% of fixed outlets
Very Good

Compared to NG23 5PE

7 th / 18
Price Rank
12% higher than average
3 rd / 13
Size Rank
26% bigger than average
9 th / 13
Price Per Sq FT Rank
11% lower than average

Compared to other properties in NG23 5PE , this house's estimated value ranks 7th out of 18. Based on price per square foot, it ranks 9th out of 13 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 3rd out of 13 properties in its postcode area.

Sale History

Today
£530,769
streetscan.co.uk estimate
+6 %
16 Sep 2024
£500,000
Leasehold
+50.4 %
11 Jan 2012
£332,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 1938 sq ft
sale price: £318,000
sale date: 6 Oct 2017
rooms: 8
size: 2099 sq ft
sale price: £285,000
sale date: 21 Oct 2016
rooms: 7
size: 2185 sq ft
sale price: £365,000
sale date: 9 Oct 2014
rooms: 7
size: 2239 sq ft
sale price: £315,000
sale date: 25 May 2006
rooms: 6
size: 2088 sq ft
sale price: £310,000
sale date: 26 Jun 2003

Data Sources

The property at 3 The Spinney, Elston, Newark, NG23 5PE appears two times in the Land Registry records, with the latest transaction recorded on 16 Sep 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Jun 2024. 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.


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