Semi-Detached 2 sales on record

43 PHOENIX LANE

FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA

£250,000

Location

Map view View on Google Maps View on OpenStreetMap Street View NG24 3UA

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Gilbert Way 0.2 miles
Shop Budgens 0.6 miles
Train station Newark Northgate 2.6 miles
University Nottingham Trent University - Brackenhurst Campus 8.2 miles
Hospital Welbourn Hall Nursing and Residential Home 8.7 miles

Property details

Tenure

Freehold

Property type

Semi-detached

Bedrooms

4

Bathrooms

2

Floor area

119 m²

EPC rating

B

Last sold

£250,000 Mar 2026

Price per m²

£2,101/m²

Local average

£211,165 (72 sales)

Street crime

59 incidents within 1 mile (Jun 2026)

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: A

Inspection date: 24/08/2020

Expiry date: 23/08/2030

Current heating cost: £262/year

Potential heating cost: £263/year

Est. upgrade cost to C: £9,500

Recommendations

  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 27/03/2026 £250,000 Semi-detached +1.6% £247,358 to May 2026 View transaction
Sold 24/09/2020 £245,995 Semi-detached — £310,889 to May 2026 View transaction

Historic listings

Listing and sale events only where we matched the listing page to a Land Registry sale already on record for this address.

Event Date Price
listed 16/02/2026 £255,000
sold 01/01/2026 £250,000
sold 01/01/2020 £245,995

Photos · Open listing

Open image 1 from listing 172285313 Open image 2 from listing 172285313 Open image 3 from listing 172285313 Open image 4 from listing 172285313 Open image 5 from listing 172285313 Open image 6 from listing 172285313 Open image 7 from listing 172285313 Open image 8 from listing 172285313 Open image 9 from listing 172285313 Open image 10 from listing 172285313 Open image 11 from listing 172285313 Open image 12 from listing 172285313

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
52 HALIFAX ROAD, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3XE £200,000 12/12/2025 Semi-detached
22 HALIFAX ROAD, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3XE £225,000 28/11/2025 Semi-detached
35 BLENHEIM AVENUE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 5AB £270,746 22/05/2025 Semi-detached
64 HALIFAX ROAD, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3XE £185,000 28/01/2025 Semi-detached
62 HALIFAX ROAD, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3XE £198,000 19/08/2024 Semi-detached
71 HUNTERS ROAD, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3WB £274,995 30/11/2023 Semi-detached
5 HALIFAX ROAD, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3XE £230,000 27/10/2023 Semi-detached
37 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA £248,000 22/09/2023 Semi-detached
63 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA £267,500 08/09/2023 Semi-detached
22 WHITTLE WAY, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3XG £250,000 22/06/2023 Semi-detached
3 WISDOM CLOSE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3WJ £210,000 06/12/2022 Semi-detached
88 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA £274,995 05/12/2022 Semi-detached
26 RESTFIL WAY, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3WG £230,000 04/11/2022 Semi-detached
86 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA £274,995 28/10/2022 Semi-detached
78 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA £272,995 27/10/2022 Semi-detached
80 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA £274,995 27/10/2022 Semi-detached
5 SPRING DRIVE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3JS £320,000 25/10/2022 Semi-detached
82 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA £302,995 29/09/2022 Semi-detached
74 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA £264,995 19/08/2022 Semi-detached
68 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA £273,995 28/07/2022 Semi-detached

Area average: £252,460 (20 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 9.2%
10y growth 45.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Newark and Sherwood. Series: Semi-detached. As of May 2026.

1y (index) 6.3%
5y (index) 21.7%
10y (index) 45.5%

Rental Range

Estimated market rent for Newark and Sherwood. Low = conservative, Realistic = average, Optimistic = best case.

Low £724/mo
Realistic £804/mo
Optimistic £884/mo

Based on Local Authority from postcode lookup → Newark and Sherwood.

LHA (30th percentile) floor for Grantham & Newark: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
4 Bed Semi-Detached House, Halifax Road, NG24 £1,500/mo 4 0.11 miles OpenRent
4 Bed Detached House, Phoenix Lane, NG24 £1,600/mo 4 0.14 miles OpenRent
4 Bed Detached House, Digby Avenue, NG24 £1,400/mo 4 0.23 miles OpenRent

Average rent: £1,500/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

This street 5.7% gross yield avg £336,875 sale, £1,600/mo rent
Rent ratio 0.6%
Max investor price (0.8%) £187,500
Target investor price (1%) £150,000
Gross yield 7.2%
Cost-to-rent ratio 13.9×
Monthly cashflow £340/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 5.6%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Plot: ~197 m² (0.05 acres)

Source: HM Land Registry INSPIRE Index Polygons.

Street-level crime

Category Count
Shoplifting 16
Other theft 11
Violence and sexual offences 10
Anti-social behaviour 8
Vehicle crime 4
Burglary 3
Criminal damage and arson 3
Public order 2
Drugs 1
Other crime 1
Total incidents 59

Within 1 mile during Jun 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Chuter Ede Primary School Primary 0.7 miles — (Inspected (no overall grade))
The Suthers School Secondary 0.7 miles Good — 29 Apr 2024
John Hunt Academy Primary 1.1 miles Good — 1 Jul 2024
Hope House School Other 1.2 miles Good — 24 Jun 2024
The Newark Academy Secondary 1.3 miles Good — 2 Oct 2019

FENSA

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