Phoenix Lane, Fernwood, Newark, NG24 3UA
BA

Phoenix Lane, Fernwood, Newark, NG24 3UA

By Barratt Homes

£ 294,995

Reviews

3 out of 5 stars

Barratt Homes says ..

Let us boost your deposit by £14,749 | LOCATED ON A PRIVITE DRIVE | Spacious OPEN-PLAN kitchen with FRENCH DOORS leading onto the garden. Spacious lounge. EN SUITE main bedroom, Space to work from home. Family bathroom. Single garage and parking for 2 cars. Plot 554 | The Lutterworth | Fernwood ...

Property Oracle says ..

The property is located in Fernwood, Newark, a village with a mix of new and older properties. The area benefits from nearby schools, including Chuter Ede Primary School (Outstanding Ofsted rating) and The Newark Academy (Good Ofsted rating), although specific distances are not provided. Transportation links to Newark North Gate and Newark Castle train stations are within a reasonable distance. The property itself is a new build, appearing modern and well-maintained in the provided images. It has a small rear garden, visible in several photos. The list price is significantly lower than the average price for the area (£294,995 vs £355,677), but the square footage is also considerably smaller (520 sqft vs 1048 sqft average). Nearby comparable properties show a range of prices, with some significantly higher, suggesting the list price may represent good value, particularly considering it is a new build. However, the lack of plot size data makes a definitive assessment of land value difficult.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
9
Location
7
Land
3
Bedrooms
3
Bathrooms
0
Sqft (est)
520.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
323,281.00 £
Increased by 6.31 %
from 304,098.00 £
Est sale value
166,920.00 £
Increased by 25.88 %
from 132,600.00 £
Average area rental value
1,242.00 £/mo
Increased by 19.54 %
from 1,039.00 £/mo
Est letting value
520.00 £/mo
from 0.00 £/mo
Est rental Yield
4.61 %
Increased by 12.44 %
from 4.10 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Barratt Homes created the listing.

Nearby Schools

NameTypeOfstedDistance
The Suthers SchoolFree Schools1.56 KM
Chuter Ede Primary SchoolCommunity SchoolOutstanding1.57 KM
Hope House SchoolOther Independent Special SchoolInadequate2.17 KM
John Hunt AcademyAcademy Converter2.69 KM
The Newark AcademyAcademy Sponsor LedGood2.77 KM

Images

Lutterworth house type kitchen and dining area Lutterworth house type kitchen area Lutterworth house type lounge area Lutterworth house type Main double bedroom Lutterworth house type second double bedroom Fernwood Village Street Scene Fernwood Village Street Scene Fernwood Newark Lutterworth house type single bedroom Lutterworth house type family bathroom Fernwood-Village-Outside-Space Fernwood Village Street June Exterior view of our 3 bed Lutterworth home Ferwoond Village street June Fernwood Village Kingsville StreetScene Kitchen Fernwood Village Street Scene Exterior view of our 3 bed Lutterworth home

Nearby Streets

NameAverage PriceAverage SqftDistance
Horsa Close £ 000.00 KM
Anson Drive £ 375,00000.00 KM
Buckminster Road £ 270,00000.00 KM
Slingsby Drive £ 000.00 KM
Beaufort Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newark North Gate6499NNG5.28 KM
Newark Castle6498NCT6.34 KM

Nearby Listings

AddressPriceTypeScoreDistance
Avro Road, Fernwood, Newark, Nottingham, NG24 3UA £ 424,995BUY6 / 100.00 KM
Phoenix Lane, Fernwood, Newark, NG24 3UA £ 357,995BUY6 / 100.00 KM
Avro Road, Fernwood, Newark, Nottingham, NG24 3UA £ 264,995BUYUnknown0.00 KM
Phoenix Lane, Fernwood, Newark, NG24 3UA £ 304,995BUY5 / 100.00 KM
Phoenix Lane, Fernwood, Newark, NG24 3UA £ 394,995BUY7 / 100.00 KM

Nearby Properties

AddressPriceDistance
18 Phoenix Lane £ 195,0000.17 KM
7 Phoenix Lane £ 280,0000.17 KM
9 Phoenix Lane £ 246,0000.22 KM
3 Spring Drive £ 57,5000.23 KM
4 Spring Drive £ 161,5000.23 KM