Semi-Detached

23 SLINGSBY DRIVE

FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 5BN

£230,000

Location

NG24 5BN

Property details

Tenure

Freehold

Property type

Semi-detached

Bedrooms

3

Bathrooms

2

Floor area

77 m²

EPC rating

B

Last sold

£230,000 Jun 2026

Price per m²

£2,987/m²

Local average

£211,718 (75 sales)

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: A

Inspection date: 13/07/2023

Expiry date: 12/07/2033

Current heating cost: £397/year

Potential heating cost: £397/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 26/06/2026 £230,000 Semi-detached — £234,268 to July 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
sold 01/01/2026 £230,000
listed 22/09/2025 £225,000
sold 01/01/2023 £239,995

Photos · Open listing

Open image 1 from listing 167255408 Open image 2 from listing 167255408 Open image 3 from listing 167255408 Open image 4 from listing 167255408 Open image 5 from listing 167255408 Open image 6 from listing 167255408 Open image 7 from listing 167255408 Open image 8 from listing 167255408 Open image 9 from listing 167255408 Open image 10 from listing 167255408 Open image 11 from listing 167255408 Open image 12 from listing 167255408

Sold comparables

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

Address Price Date Type
6 SLINGSBY DRIVE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 5BN £294,995 27/04/2023 Semi-detached
26 SLINGSBY DRIVE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 5BN £187,995 08/02/2023 Semi-detached
28 SLINGSBY DRIVE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 5BN £192,995 27/01/2023 Semi-detached

Area average: £225,328 (3 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 6.9%
10y growth 48.4%

House Price Index (HM Land Registry — official index, not sold-price averages): East Midlands. Series: Semi-detached. As of July 2026.

1y (index) 2.7%
5y (index) 21.3%
10y (index) 50.3%

Rental Range

Estimated market rent for East Midlands. Low = conservative, Realistic = average, Optimistic = best case.

Low £830/mo
Realistic £922/mo
Optimistic £1,014/mo

Based on Postcode area NG → East Midlands.

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 As seen on
3 Bed Semi-Detached House, Fernwood, NG24 £1,150/mo 3 OpenRent
3 Bed End Terrace, Woodhall Lane, NG24 £1,200/mo 3 OpenRent
3 Bed Semi-Detached House, Woodhall Lane, NG24 £1,200/mo 3 OpenRent

Average rent: £1,183/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.52%
Max investor price (0.8%) £150,000
Target investor price (1%) £120,000
Gross yield 6.3%
Cost-to-rent ratio 16×
Monthly cashflow £149/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 2.7%
  • 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

Flood zone data is not yet available for this property.

Registered land (INSPIRE)

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

Plot: ~216 m² (0.05 acres)

Source: HM Land Registry INSPIRE Index Polygons.

Street-level crime

Crime data is not yet available for this property.

FENSA

No FENSA certificates found for this address.