74 Mill Gate, Newark, NG24 4TY is a freehold terraced property built before 1900. The property offers approximately 926 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £242,081 , which equates to approximately £262 per square foot. It was last sold on 26 Mar 2018 for £179,000. Since then, the value has increased by £63,081, representing a 35.2% increase, or approximately 4.6% per year.

The current estimated value of £242,081 is:

  • 2.1% higher than the average property price on Mill Gate
  • 8.9% lower than the average in the NG24 4TY postcode area
  • and 1.0% higher 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 18 October 2023, the property was recorded as rented.

View sold house prices in NG24 4TY

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
926 sq ft
Tenure
Freehold
Price (estimate)
£242,081
Price Per sq ft (estimate)
£262
Bedroom Count (estimate)
3 bedrooms

EPC Summary

74 Mill Gate, Newark, Newark And Sherwood, Nottinghamshire, NG24 4TY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 18 Oct 2023.

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 single glazed.

The previous EPC assessment was conducted on 17 Sep 2012, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 46.5%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from poor to good.
  • The roof construction or insulation changed from pitched, 50 mm loft insulation to pitched, 75 mm loft insulation, improving energy efficiency from poor to average.
  • The lighting was updated from no low energy lighting to low energy lighting in 92% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 75 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 92% of fixed outlets
Very Good

Compared to NG24 4TY

9 th / 13
Price Rank
9% lower than average
6 th / 9
Size Rank
16% smaller than average
5 th / 9
Price Per Sq FT Rank
9% higher than average

Compared to other properties in NG24 4TY , this house's estimated value ranks 9th out of 13. Based on price per square foot, it ranks 5th out of 9 properties. In terms of size, this home ranks 6th out of 9 properties in its postcode area.

Sale History

Today
£242,081
streetscan.co.uk estimate
+35 %
26 Mar 2018
£179,000
Leasehold
+16.2 %
3 Mar 2014
£154,000
Leasehold
+14.1 %
16 Jun 2006
£135,000
Leasehold
+2.3 %
22 Aug 2003
£132,000
Leasehold
+55.3 %
24 May 2002
£85,000
Leasehold
+41.8 %
11 Sep 1996
£59,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1023 sq ft
sale price: £180,000
sale date: 27 Feb 2019
rooms: 4
size: 788 sq ft
sale price: £135,000
sale date: 4 Nov 2013

Data Sources

The property at 74 Mill Gate, Newark, NG24 4TY appears six times in the Land Registry records, with the latest transaction recorded on 26 Mar 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Oct 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.