Apartment 2, 38 Castle Gate, Newark, NG24 1BG

Apartment 2 is a two-bedroom mid-terrace house in Newark (NG24 1BG). It has a recorded floor area of 71 m² (around 764 sq ft), construction records dating it to 1900-1929 and council tax band A. Tenure is freehold. At 71 m² this is the 3rd smallest of 4 units on EPC record in the building, where floor areas span 52–73 m². The building's EPC ratings span E to C, with this unit at the top. Period features are noted in the property record. The latest certificate (June 2024) shows a C (score 69), just inside the C band. The rating has held steady at C across 2 certificates since June 2014. Between certificates, wall efficiency dropped from Good to Poor and window efficiency dropped from Poor to Very Poor. The recommended improvements would push it to B (score 88). Main heating runs on electricity.

Untraded for 18 years, with the last transfer in August 2008. That sale landed at the peak of the pre-credit-crunch market, which is a useful reference point when interpreting the price. At 71 m² the property is well over the postcode median (52 m² across 29 EPCs), placing it in the larger end of the local stock. On energy efficiency it sits in the top 10% of properties in this postcode. 3 planning records sit against the property, 2 approved, 1 refused. Past consents include subdivision and change of use to residential, meaningful when judging how the property has evolved. On a £-per-square-foot basis, the last sale (£190/sq ft) was about 107.6% above the typical sold price in the postcode.