5 Cormack Lane, Fernwood, Newark, NG24 3GF is a freehold terraced property built between 1996-2002. The property offers approximately 1,173 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 £237,193 , which equates to approximately £202 per square foot. It was last sold on 11 Jan 2008 for £156,000. Since then, the value has increased by £81,193, representing a 52.0% increase, or approximately 2.9% per year.

The current estimated value of £237,193 is:

  • 30.2% lower than the average property price on Cormack Lane
  • 25.7% lower than the average in the NG24 3GF postcode area
  • and 1.0% lower than the average price for Newark as a whole

At the most recent EPC inspection on 18 November 2024, the property was recorded as owner-occupied.

View sold house prices in NG24 3GF

Building approximate location

About Property

Type
Terraced House
Built
1996-2002
Interior Size
1173 sq ft
Tenure
Freehold
Price (estimate)
£237,193
Price Per sq ft (estimate)
£202
Bedroom Count (estimate)
4 bedrooms

EPC Summary

5 Cormack Lane, Fernwood, Newark, Newark And Sherwood, Nottinghamshire, NG24 3GF has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Nov 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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NG24 3GF

16 th / 18
Price Rank
26% lower than average
4 th / 11
Size Rank
12% smaller than average
9 th / 11
Price Per Sq FT Rank
16% lower than average

Compared to other properties in NG24 3GF , this house's estimated value ranks 16th out of 18. Based on price per square foot, it ranks 9th 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 4th out of 11 properties in its postcode area.

Sale History

Today
£237,193
streetscan.co.uk estimate
+52 %
11 Jan 2008
£156,000
Leasehold
-1.9 %
21 Jun 2004
£159,000
Leasehold
+23.3 %
20 Dec 2002
£129,000
Leasehold

Area Insights

Similar Properties Sold Nearby

9 Cormack Lane, Fernwood, Newark, NG24 3GF
rooms: 6
size: 1055 sq ft
sale price: £190,000
sale date: 8 Apr 2020
7 Cormack Lane, Fernwood, Newark, NG24 3GF
rooms: 5
size: 1141 sq ft
sale price: £150,000
sale date: 30 Jun 2014

Data Sources

The property at 5 Cormack Lane, Fernwood, Newark, NG24 3GF appears three times in the Land Registry records, with the latest transaction recorded on 11 Jan 2008. It also has a single Energy Performance Certificate (EPC) from 18 Nov 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.


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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