According to the public record, 1, Clarks Lane, Newark is a modern house with 731 ft2 of internal area and sits on a 167 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Clarks Lane, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
1, Clarks Lane, Newark has no recent1 records in the Land Registry database and no records in the EPC database.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Clarks Lane Newark as £178,381 and the rental value as £862 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 1 Clarks Lane Newark has increased by £5,773 (3.2%) and its rental value has increased by £19 per month (2.2%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Clarks Lane, Newark is in very good condition we estimate a sale value of £187,300 and rental value of £905 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,894 and a rental value of £802 per month.
If you were able to purchase this property for the estimated value of £178,381, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £877 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Clarks Lane, Newark sits on a plot of 167m2.
We have plot size data on 42 out of 56 other houses in the postcode and 1, Clarks Lane, Newark sits on the 32nd largest plot.
According to HM Land Registry, 1, Clarks Lane, Newark was last sold on 30 Jun 2000 for £51,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Clarks Lane, Newark within a radius of 145m over the last 2 years.
The most recent example is 31, Clarks Lane, Newark, NG24 2EF, a Freehold house which sold for £152,000 in Jun 2021.
Read more about house prices in NG24.
Clarks Lane, Newark, NG24 has a total of 56 addresses. According to our analysis of all the public data, 1, Clarks Lane, Newark is the 20th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in NG24.
1, Clarks Lane, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Clarks Lane, Newark is Newark Northgate station which is 500 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Clarks Lane, Newark, 34.2% of property is privately owned with a mortgage and 31.6% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Clarks Lane, Newark, 17.4% of residents are recorded as possessing school level qualifications and 17.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Clarks Lane, Newark, the average age was 39.6 and the most common age was 32.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Clarks Lane, Newark, 0.3% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Clarks Lane, Newark, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.