According to the public record, Holly House, Newark is a period freehold house and with 1,980 ft2 of internal area and sits on a 2,336 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Eakring Road, Wellow, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
Holly House, Newark has 31 entries in the Land Registry database, most recently in January 2021 and no records in the EPC database.
We combine this information with that 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 Holly House Newark as £415,209 and the rental value as £1,375 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Holly House Newark has increased by £18,247 (4.4%) and its rental value has increased by £25 per month (1.8%).
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 Holly House, Newark is in very good condition we estimate a sale value of £435,969 and rental value of £1,444 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £386,144 and a rental value of £1,279 per month.
If you were able to purchase this property for the estimated value of £415,209, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,041 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, Holly House, Newark sits on a plot of 2336m2.
We have plot size data on 8 out of 13 other houses in the postcode and Holly House, Newark sits on the largest plot.
According to HM Land Registry, Holly House, Newark was last sold on 13 Jan 2021 for £470,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2021, the market for similar properties has risen 16.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Holly House, Newark within a radius of 801m over the last 2 years.
The most recent example is Cherry Holt, Eakring Road, Newark, NG22 0ED, a Freehold house which sold for £345,000 in Mar 2023.
Read more about house prices in NG22.
Eakring Road, Wellow, Newark, NG22 has a total of 48 addresses. According to our analysis of all the public data, Holly House, Newark is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £157k more expensive than the average property in NG22.
Holly House, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jul 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Holly House, Newark is Mansfield Woodhouse station which is 13.7 km 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 Holly House, Newark, 41.9% of property is privately owned outright and 28.0% is socially rented.
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 Holly House, Newark, 13.2% of residents are recorded as possessing school level qualifications and 23.9% 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 Holly House, Newark, the average age was 48.3 and the most common age was 57.
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 Holly House, Newark, 0.0% 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 Holly House, Newark, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.