Detached 2 sales on record

18 THE IVIES

NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4SR

£285,000

Location

Nearby

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

Type Name Distance
Bus stop The Ivies 0.1 miles
Shop RDK Hair Design 0.5 miles
Hospital Newark Hospital 1.1 miles
Train station Newark Castle 1.3 miles
University Nottingham Trent University - Brackenhurst Campus 5.2 miles

Property details

Tenure

Freehold

Property type

Detached

Bedrooms

3

Bathrooms

2

Floor area

104 m²

EPC rating

D

Year built

England and Wales: 1996-2002

Last sold

£285,000 Jan 2026

Price per m²

£2,740/m²

Local average

£338,200 (82 sales)

Street crime

77 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 28/09/2018

Expiry date: 27/09/2028

Current heating cost: £716/year

Potential heating cost: £570/year

Est. upgrade cost to C: £19,725

Recommendations

  • Increase loft insulation to 270 mm (£100 - £350)
  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Upgrade heating controls (£350 - £450)
  • Replace boiler with new condensing boiler (£2,200 - £3,000)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£5,000 - £8,000)

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 23/01/2026 £285,000 Detached +29.5% £284,161 to April 2026 View transaction
Sold 02/10/2019 £220,000 Detached £274,595 to April 2026 View transaction

Historic listings

Sold comparables

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

Address Price Date Type
6 LAMB CLOSE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4RT £250,000 24/11/2023 Detached
8 DE HAVILLAND WAY, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4RF £325,000 22/12/2022 Detached
4 THE OSIERS, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4TP £315,000 07/10/2022 Detached
121 FARNDON ROAD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4SP £420,000 30/06/2022 Detached
16 THE WEAVERS, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4RY £360,000 24/06/2022 Detached
4 GAROOD CLOSE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4FG £310,000 16/06/2022 Detached
7 THE WEAVERS, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4RY £290,000 28/02/2022 Detached
27 THE MALTSTERS, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4RU £230,000 03/12/2021 Detached
8 THE MALTSTERS, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4RU £295,000 19/11/2021 Detached
17 LAMB CLOSE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4RT £260,000 28/10/2021 Detached
1 THE WEAVERS, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4RY £235,000 14/10/2021 Detached

Area average: £299,091 (11 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 -0.2%
10y growth 57.4%

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

1y (index) 6.2%
5y (index) 20.4%
10y (index) 45.4%

Rental Range

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

Low £715/mo
Realistic £794/mo
Optimistic £873/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 in the area (all bedroom counts shown — none matched the 3-bedroom count for this property). Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Terraced House, Brockton Avenue, NG24 £825/mo 2 0.32 miles OpenRent
4 Bed Detached House, Riverside Road, NG24 £1,650/mo 4 0.4 miles OpenRent
2 Bed Flat, Pelham Street, NG24 £650/mo 2 0.96 miles OpenRent

Average rent: £1,042/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.29%
Max investor price (0.8%) £103,125
Target investor price (1%) £82,500
Gross yield 3.5%
Cost-to-rent ratio 28.8×
Monthly cashflow £-405/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -5.9%
  • 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)

Street-level crime

Category Count
Violence and sexual offences 32
Shoplifting 11
Criminal damage and arson 9
Other crime 6
Public order 5
Anti-social behaviour 4
Other theft 4
Vehicle crime 3
Burglary 2
Bicycle theft 1
Total incidents 77

Within 1 mile during May 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
St Peter's Crosskeys CofE Academy Primary 0.6 miles Good — 18 Oct 2011
Holy Trinity Catholic Voluntary Academy Primary 0.8 miles Good — 12 May 2024
Christ Church C of E Primary School Primary 0.9 miles Good — 10 Nov 2022
The King's Church of England Primary Academy Primary 1.1 miles Good — 15 Nov 2023
The Sir Donald Bailey Academy Primary 1.2 miles Good — 22 Oct 2014

FENSA

No FENSA certificates found for this address.