8 Cromwell Road, Newark, NG24 1RP is a freehold terraced property built between 1930-1949. The property offers approximately 495 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 £99,284 , which equates to approximately £200 per square foot. It was last sold on 20 Nov 2020 for £80,000. Since then, the value has increased by £19,284, representing a 24.1% increase, or approximately 4.7% per year.

The current estimated value of £99,284 is:

  • 21.6% lower than the average property price on Cromwell Road
  • 16.5% lower than the average in the NG24 1RP postcode area
  • and 58.6% lower 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 19 June 2020, the property was recorded as owner-occupied.

View sold house prices in NG24 1RP

Building approximate location

About Property

Type
Terraced House
Built
1930-1949
Interior Size
495 sq ft
Tenure
Freehold
Price (estimate)
£99,284
Price Per sq ft (estimate)
£200
Bedroom Count (estimate)
1 bedroom

EPC Summary

8 Cromwell Road, Newark, Newark And Sherwood, Nottinghamshire, NG24 1RP has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 19 Jun 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 30 Sep 2011, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 88.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from portable electric heaters assumed for most rooms to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system changed from electric immersion, standard tariff to electric immersion, off-peak, with no change in energy efficiency (very poor).
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from average to very good.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NG24 1RP

11 th / 13
Price Rank
17% lower than average
9 th / 10
Size Rank
16% smaller than average
5 th / 10
Price Per Sq FT Rank
0% same as average

Compared to other properties in NG24 1RP , this house's estimated value ranks 11th out of 13. Based on price per square foot, it ranks 5th out of 10 properties. In terms of size, this home ranks 9th out of 10 properties in its postcode area.

Sale History

Today
£99,284
streetscan.co.uk estimate
+24 %
20 Nov 2020
£80,000
Leasehold
+42.9 %
21 Nov 2003
£56,000
Leasehold
+112.9 %
24 Sep 1997
£26,300
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 538 sq ft
sale price: £103,500
sale date: 30 Sep 2021
rooms: 4
size: 517 sq ft
sale price: £103,500
sale date: 14 Nov 2019
rooms: 3
size: 506 sq ft
sale price: £86,000
sale date: 10 May 2019
rooms: 3
size: 538 sq ft
sale price: £75,000
sale date: 19 Dec 2018
rooms: 3
size: 549 sq ft
sale price: £102,000
sale date: 5 Mar 2018

Data Sources

The property at 8 Cromwell Road, Newark, NG24 1RP appears three times in the Land Registry records, with the latest transaction recorded on 20 Nov 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Jun 2020. 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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