# 4 bedroom semi-detached house for sale (NG24 3UA)

## Property Details

| Key | Value |
|-----|-------|
| Address | 43 PHOENIX LANE, NEWARK, FERNWOOD, NOTTINGHAMSHIRE NG24 3UA |
| Price | £255,000 |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Last sold | £250,000 Mar 2026 |

## 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)

## Description

Step inside this eye-catching four-bedroom, two-bathroom semi-detached family home located within the desirable village of Fernwood. Blending charm and character with modern interiors, this property offers a wonderful balance of style, space, and practicality, making it an ideal choice for a growing family. 

Upon entering, you are greeted by a welcoming hallway that leads to generously proportioned living spaces. The living room is extremely spacious with lots of potential, providing for a versatile home, whilst the ample kitchen is beautifully finished with stunning cabinets and built in appliances. The conveniently placed downstairs WC coming off the initial hallway is a huge benefit for the already perfect ground floor! 

To the first floor, the luxurious living space provides 3 bedrooms along with a fully equipped and appealing bathroom, allowing for great relaxation. The three bedrooms are all extremely impressive yet elegantly unique, one providing a built in wardrobe.

To the second floor you find a magnificent master bedroom spanning the length of the property with two Velux windows. You have a dressing area that leads to the ensuite shower room.

THE AREA

Fernwood is a popular village with great transport links with regular buses into the town centre and easy access onto the A1 as well as a variety of bus routes. The village is served by Chuter Ede Primary and The Suthers Secondary schools which makes the area ideal for families. In the village centre you have a One Stop, The Brews Brothers Pub & Kitchen, PTT Gym along with a nursery and extensive green space. On Fernwood business park you have Code Fitness and The Tawny Owl amongst other businesses.

THE HOME

Kitchen (2.37m x 4.07m)

Living/Dining Room (4.36m x 5.25m)

Downstairs WC

First Floor

Bedroom 2 (2.47m x 4.18m)

Bedroom 3 (2.49m x 3.00m)

Bedroom 4 (1.83m x 2.68m)

Bathroom (1.83m x 1.99m)

Second Floor

Master Bedroom (3.34m x 7.90m)

En-Suite (1.82m x 2.32m)

Externally - Two allocated parking spaces to the front plus enclosed rear garden.

COUNCIL TAX BAND - C

ENERGY PERFORMANCE RATING - B

SIZE - 1,280 SqFt

TENURE - Freehold

VIEWINGS - Available 7 days a week, strictly by appointment and availability. Call to book your viewing .

MATERIAL INFORMATION

CONSTRUCTION TYPE - Brick cavity wall.

ELECTRICITY SUPPLY - Mains

WATER SUPPLY - Mains

SEWERAGE - Mains

HEATING - Gas fired central heating.

BROADBAND SPEED - Ultrafast up to 1,800 Mbps download speed

MOBILE SIGNAL COVERAGE - EE, Three, Vodafone, O2 - Likely

THE BORING BITS

MONEY LAUNDERING - We may ask for further details regarding your identification and proof of funds after your offer on a property. Please provide these in order to reduce any delay.

DETAILS - We endeavour to make the details and measurements as accurate as possible. However, please only take them as indicative only. Measurements are taken with an electronic device. If you are ordering carpets or furniture, we would advise taking your own measurements upon viewing.

SERVICES - No services have been tested by Buttercross Estates.

## Property Photos

- ![Phoenix Lane](/listings/photos/172285313/1455486) - Phoenix Lane
- ![Kitchen](/listings/photos/172285313/1455487) - Kitchen
- ![Kitchen](/listings/photos/172285313/1455488) - Kitchen
- ![Kitchen](/listings/photos/172285313/1455489) - Kitchen
- ![Living Room](/listings/photos/172285313/1455490) - Living Room
- ![Living Room](/listings/photos/172285313/1455491) - Living Room
- ![Living Room](/listings/photos/172285313/1455492) - Living Room
- ![Garden](/listings/photos/172285313/1455493) - Garden
- ![Garden](/listings/photos/172285313/1455494) - Garden
- ![Garden](/listings/photos/172285313/1455495) - Garden
- ![Bedroom One](/listings/photos/172285313/1455496) - Bedroom One
- ![Bedroom One](/listings/photos/172285313/1455497) - Bedroom One
- ![Bedroom One](/listings/photos/172285313/1455498) - Bedroom One
- ![Bedroom One](/listings/photos/172285313/1455499) - Bedroom One
- ![Dressing Area](/listings/photos/172285313/1455500) - Dressing Area
- ![Ensuite](/listings/photos/172285313/1455501) - Ensuite
- ![Bedroom Two](/listings/photos/172285313/1455502) - Bedroom Two
- ![Bathroom](/listings/photos/172285313/1455503) - Bathroom
- ![Bedroom Three](/listings/photos/172285313/1455504) - Bedroom Three
- ![Bedroom Four](/listings/photos/172285313/1455505) - Bedroom Four
- ![Bedroom Four](/listings/photos/172285313/1455506) - Bedroom Four
- ![WC](/listings/photos/172285313/1455507) - WC
- ![Overhead](/listings/photos/172285313/1455508) - Overhead
- ![Front](/listings/photos/172285313/1455509) - Front
- ![Fernwood](/listings/photos/172285313/1455510) - Fernwood
- ![Fernwood](/listings/photos/172285313/1455511) - Fernwood

## Floorplans

- ![Floor Plan](/listings/photos/172285313/1455512) - Floor Plan

## EPC Graphs

- ![EE](/listings/photos/172285313/1455513) - EE
- ![EI](/listings/photos/172285313/1455514) - EI

## 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 |

## 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 |
| [Same street] 37 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA | £248,000 | 22/09/2023 | Semi-detached |
| [Same street] 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 |
| [Same street] 22 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA | £310,000 | 14/12/2022 | Detached |
| 3 WISDOM CLOSE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3WJ | £210,000 | 06/12/2022 | Semi-detached |
| [Same street] 88 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA | £274,995 | 05/12/2022 | Semi-detached |
| [Same street] 10 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA | £427,500 | 14/11/2022 | Detached |
| 26 RESTFIL WAY, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3WG | £230,000 | 04/11/2022 | Semi-detached |
| [Same street] 86 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA | £274,995 | 28/10/2022 | Semi-detached |
| [Same street] 78 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA | £272,995 | 27/10/2022 | Semi-detached |
| [Same street] 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 |
| [Same street] 82 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA | £302,995 | 29/09/2022 | Semi-detached |
| [Same street] 90 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA | £302,995 | 29/09/2022 | Detached |
| [Same street] 74 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA | £264,995 | 19/08/2022 | Semi-detached |
| [Same street] 68 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA | £273,995 | 28/07/2022 | Semi-detached |
| [Same street] 36 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA | £364,995 | 07/07/2022 | Detached |
| [Same street] 62 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA | £273,995 | 30/06/2022 | Semi-detached |
| [Same street] 72 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA | £283,995 | 30/06/2022 | Semi-detached |
| 55 HALIFAX ROAD, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3XE | £273,995 | 30/06/2022 | Semi-detached |
| 66 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA | £273,995 | 30/06/2022 | Semi-detached |
| 76 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA | £264,995 | 30/06/2022 | Semi-detached |
| 70 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA | £273,995 | 30/06/2022 | Semi-detached |
| 64 PHOENIX LANE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3UA | £273,995 | 23/06/2022 | Semi-detached |
| 16 HAMPDEN CLOSE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3XJ | £159,995 | 17/06/2022 | Semi-detached |
| 14 HAMPDEN CLOSE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3XJ | £159,995 | 17/06/2022 | Semi-detached |
| 24 HAMPDEN CLOSE, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3XJ | £127,995 | 27/05/2022 | Semi-detached |
| 57 HALIFAX ROAD, FERNWOOD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 3XE | £268,995 | 26/05/2022 | Semi-detached |

**Street average:** £294,596 (15 sales)
**Area average:** £233,585 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £211,165 (72 Semi-detached, NG24, 2024–2026)
- **Deviation:** +20.8%

## 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).*

- **LHA floor (this property size):** £873/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 |
|------|------|------|------|------|
| 4 Bed Semi-Detached House, Halifax Road, NG24 | £1,500/mo | 4 | 0.12 miles | OpenRent |
| 4 Bed Detached House, Phoenix Lane, NG24 | £1,600/mo | 4 | 0.17 miles | OpenRent |
| 4 Bed Detached House, Digby Avenue, NG24 | £1,400/mo | 4 | 0.25 miles | OpenRent |

**Average rent: £1,500/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 0.59% (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

*Based on OpenRent comparables (median £1,500/mo).*

- **Gross yield:** 7.1%
- **Cost-to-rent:** 14.2×
- **Monthly cashflow:** £321/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5.2%

*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:** £2,143/m²

## 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%

## 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)
