# 43 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA

## Property details

- Slug: `2d61ea5` (address key hash: `2d61ea57e4a4e422403158c3efa2072b7c662f53`)
- Postcode: NG24 3UA
- Transactions on record: 2

- 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)

## Latest sale

- Price: £250,000
- Date: 2026-03-27
- Type: S
- Tenure: F

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** A
- **Expiry date:** 23/08/2030
- **Current heating cost:** £262/year
- **Est. upgrade cost to C:** £9,500

### Recommendations
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0979-3814-7984-2720-0051)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-03-27 | £250,000 | Semi-detached | +1.6% | £247,358 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/50d10b84-49d5-b8d0-e063-4704a8c08d98) |
| Sold | 2020-09-24 | £245,995 | Semi-detached | — | £310,889 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/d93b27b1-2b99-3100-e053-6c04a8c08887) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 43 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA | £250,000 | 27/03/2026 | Semi-detached |
| 43 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA | £245,995 | 24/09/2020 | Semi-detached |

## Historic listings

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

- Matched listing: [172285313](http://87.117.209.195:8080/listings/927b662)

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

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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)

## Capital growth trend

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

- **5y growth:** 9.2%
- **10y growth:** 45.9%

## House Price Index (HM Land Registry)

*Official index for Newark and Sherwood; Semi-detached series; as of May 2026.*

- **1y growth (index):** 6.3%
- **5y growth (index):** 21.7%
- **10y growth (index):** 45.5%

## Rental Range

*ONS Price Index of Private Rents (Newark and Sherwood). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £724/mo
- **Realistic:** £804/mo
- **Optimistic:** £884/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent 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)**

## 1% Rule

- **Rent ratio:** 0.6% (weak for cashflow)
- **Max investor price (0.8%):** £187,500
- **Target investor price (1%):** £150,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

- **This street:** 5.7% gross yield (avg £336,875 sale, £1,600/mo rent)
*Based on OpenRent comparables (median £1,500/mo).*

- **Gross yield:** 7.2%
- **Cost-to-rent:** 13.9×
- **Monthly cashflow:** £340/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## 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.*

| 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 |