# 3 bedroom semi-detached house for sale (NG22 9YP) ## Property Details | Key | Value | |-----|-------| | Address | 17 DIAMOND CLOSE, NEWARK, NEW OLLERTON, NOTTINGHAMSHIRE NG22 9YP | | Price | £210,000 | | Bedrooms | 3 | | Bathrooms | 1 | | Council tax | A | | Floor area | 71 m² | | Last sold | £208,995 Oct 2023 | ## EPC Rating & Upgrade Cost - **Current rating:** B - **Potential rating:** A - **Expiry date:** 04/09/2033 - **Current heating cost:** £374/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/3600-3354-0432-1000-3173) ## Description GUIDE PRICE: £210,000 - £215,000 A stunning semi-detached property built by Gleeson Homes during 2023 to their ‘Lisburn’ design, situated within a pleasant cul-de-sac on Phase 2 of their ‘Petersmiths Park’ development in New Ollerton.   Exceptionally well-presented accommodation is set out over ground and first floor levels comprising of an entrance hall, generously proportioned lounge, kitchen/diner and guest cloakroom/toilet. Upstairs, there are three bedrooms and a bathroom.  Externally, the property benefits from a driveway providing off-road parking and a single garage. There are gardens to both the front and rear. The rear, in particular, is a good size and has a generous level of privacy.  Local amenities include services such as a pharmacy, post office, doctors surgery and supermarkets.   With access to the A614, the A57 and the A1, Newark, Doncaster, Nottingham and Mansfield are easily reachable and, as such, New Ollerton is a popular commuter town.  For those with families, The Forest View Academy (Primary) and The Dukeries Academy (Secondary), both rated ‘Good’ by Ofsted (in January 2023 and October 2021 respectively) are located in New Ollerton.  Recreational activities can be found at nearby Walesby Forest, less than a couple of miles away, where you can enjoy water sports, climbing, archery, rifle shooting and many more activities. For woodland walks, Boughton Brakes Woods are even closer. A little further afield is Rufford Abbey Country Park. We expect interest from different types of purchasers including first-time home buyers and those looking to up-size. As such, early enquiries and viewings are encouraged.   To boot, this lovely home is sold with the benefit of no onward chain. General Information: Tenure: Freehold.  Local Authority: Newark & Sherwood District Council.  The agency website indicates Council Tax Band: A.  Energy Performance Rating: B.  Management Charge: We are advised by the Vendor that once the development is complete, a management charge of approximately £120 per annum will apply.  Kieran Petersen, HomeMove Nottinghamshire: Having joined forces with Ben Sales at HomeMove Nottinghamshire in 2024, Kieran offers 30 years of experience and has previously run his own successful independent agency.  * When you make an offer on a property, we are required by law to carry out ID and Financial verification checks. As part of this we will need to see documents including Proof of ID, Address and Financial Statements and we will carry out a ‘SmartSearch’ chargeable at £15 per buyer.  HomeMove Estate Agents may be paid a referral fee for introducing clients to their preferred EPC, Conveyancing, Survey and Mortgage service providers.  ## Property Photos - ![Photo](/listings/photos/163679651/603802) - ![Photo](/listings/photos/163679651/603805) - ![Photo](/listings/photos/163679651/603807) - ![Photo](/listings/photos/163679651/603809) - ![Photo](/listings/photos/163679651/603811) - ![Photo](/listings/photos/163679651/603813) - ![Photo](/listings/photos/163679651/603816) - ![Photo](/listings/photos/163679651/603819) - ![Photo](/listings/photos/163679651/603820) - ![Photo](/listings/photos/163679651/603822) - ![Photo](/listings/photos/163679651/603824) - ![Photo](/listings/photos/163679651/603826) - ![Photo](/listings/photos/163679651/603828) - ![Photo](/listings/photos/163679651/603831) - ![Photo](/listings/photos/163679651/603834) - ![Photo](/listings/photos/163679651/603835) - ![Photo](/listings/photos/163679651/603837) - ![Photo](/listings/photos/163679651/603838) - ![Photo](/listings/photos/163679651/603839) - ![Photo](/listings/photos/163679651/603840) - ![Photo](/listings/photos/163679651/603841) - ![Photo](/listings/photos/163679651/603843) - ![Photo](/listings/photos/163679651/603846) ## Floorplans - ![Floorplan 1](/listings/photos/163679651/603849) - Floorplan 1 ## EPC Graphs - ![EPC 1](/listings/photos/163679651/603851) - EPC 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 17 DIAMOND CLOSE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9YP | £208,995 | 06/10/2023 | Semi-detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 134 PETERSMITH DRIVE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9SB | £170,000 | 01/12/2025 | Semi-detached | | 150 PETERSMITH DRIVE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9SB | £140,000 | 28/11/2025 | Semi-detached | | 22 CEDAR LANE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9SQ | £135,000 | 15/08/2025 | Semi-detached | | 25 BRECK BANK, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9XQ | £105,000 | 29/11/2023 | Semi-detached | | [Same street] 2 DIAMOND CLOSE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9YP | £211,995 | 20/11/2023 | Semi-detached | | 7 BRECK BANK, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9XQ | £142,500 | 10/11/2023 | Semi-detached | | [Same street] 15 DIAMOND CLOSE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9YP | £222,995 | 29/09/2023 | Detached | | [Same street] 9 DIAMOND CLOSE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9YP | £133,088 | 29/09/2023 | Semi-detached | | [Same street] 10 DIAMOND CLOSE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9YP | £177,717 | 29/09/2023 | Detached | | [Same street] 11 DIAMOND CLOSE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9YP | £211,987 | 29/09/2023 | Detached | | 50 CEDAR LANE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9SQ | £145,000 | 11/09/2023 | Semi-detached | | 55 BRECK BANK, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9XQ | £141,000 | 08/09/2023 | Semi-detached | | [Same street] 14 DIAMOND CLOSE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9YP | £269,995 | 29/08/2023 | Detached | | 14 WHITEWATER ROAD, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9XD | £129,000 | 07/08/2023 | Semi-detached | | 35 CEDAR LANE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9SH | £70,000 | 04/08/2023 | Semi-detached | | 35 PETERSMITH DRIVE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9RZ | £120,000 | 12/07/2023 | Semi-detached | | 13 PETERSMITH DRIVE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9RX | £142,000 | 19/06/2023 | Semi-detached | | 57 PETERSMITH DRIVE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9SD | £128,500 | 21/04/2023 | Semi-detached | | 93 PETERSMITH DRIVE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9SD | £150,000 | 24/02/2023 | Semi-detached | | 45 PETERSMITH DRIVE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9RZ | £162,000 | 16/12/2022 | Semi-detached | | 5 BIRKLANDS AVENUE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9SA | £145,000 | 16/12/2022 | Semi-detached | | 68 PETERSMITH DRIVE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9RY | £147,000 | 05/12/2022 | Semi-detached | | 11 LILY WAY, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9XR | £169,995 | 30/11/2022 | Semi-detached | | 146 PETERSMITH DRIVE, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9SB | £130,000 | 30/11/2022 | Semi-detached | | 20 BRECK BANK CRESCENT, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9XH | £147,000 | 30/11/2022 | Semi-detached | | 12 LILY WAY, NEW OLLERTON, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG22 9XR | £155,995 | 28/11/2022 | Semi-detached | **Street average:** £204,630 (6 sales) **Area average:** £138,750 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £169,545 (28 Semi-detached, NG22, 2024–2026) - **Deviation:** +23.9% ## Rental Range *ONS Price Index of Private Rents (East Midlands). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £820/mo - **Realistic:** £911/mo - **Optimistic:** £1,002/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for North Nottingham (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £583/mo ## 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 | |------|------|------|------|------| | 3 Bed Semi-Detached House, Birklands Avenue, NG22 | £900/mo | 3 | 0.15 miles | OpenRent | | 3 Bed Semi-Detached House, Park Row, NG22 | £950/mo | 3 | 0.43 miles | OpenRent | | 3 Bed Semi-Detached House, Briar Road, NG22 | £925/mo | 3 | 0.44 miles | OpenRent | | 3 Bed End Terrace, Hallam Road, NG22 | £875/mo | 3 | 0.48 miles | OpenRent | | 3 Bed Semi-Detached House, New Ollerton, NG22 | £895/mo | 3 | 0.48 miles | OpenRent | | 3 Bed End Terrace, New Ollerton, NG22 | £895/mo | 3 | 0.48 miles | OpenRent | | 3 Bed Semi-Detached House, New Ollerton, NG22 | £925/mo | 3 | 0.48 miles | OpenRent | | 3 Bed Terraced House, Birkdale Avenue, NG22 | £750/mo | 3 | 0.55 miles | OpenRent | | 3 Bed Semi-Detached House, Kirk Drive, NG22 | £925/mo | 3 | 0.77 miles | OpenRent | | 3 Bed Terraced House, Kirk Drive, NG22 | £925/mo | 3 | 0.78 miles | OpenRent | | 3 Bed Mobile Home, Blythe Road, NG22 | £1,300/mo | 3 | 0.93 miles | OpenRent | **Average rent: £933/mo (11 listings)** ## 1% Rule - **Rent ratio:** 0.44% (weak for cashflow) - **Max investor price (0.8%):** £115,625 - **Target investor price (1%):** £92,500 *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 *Based on OpenRent comparables (median £925/mo).* - **Gross yield:** 5.3% - **Cost-to-rent:** 18.9× - **Monthly cashflow:** £-20/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -0.4% *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).* ## Price per Square Metre - **£/m²:** £2,958/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -6.3% - **10y growth:** 49.1% ## House Price Index (HM Land Registry) *Official index for East Midlands; Semi-detached series; as of March 2026.* - **1y growth (index):** 1.5% - **5y growth (index):** 20% - **10y growth (index):** 56.4% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)