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NG16 5PL
Home, House Prices, Monument Lane, Amber Valley, East Midlands
NG16 5PL

Monument Lane - NG16 5PL

Last updated Jul 2026

Key Postcode Insights

NG16 5PL is a residential postcode situated on Monument Lane, Codnor Park, Ironville, Nottingham, NG16 with 3 addresses.

It ranks as the 105th largest and 1672nd most expensive of the 1,706 postcodes in the NG16 area.

The postcode contains a total of 3 properties: 3 houses.

Ave. Sale Price
£477,927
10 Year change
up 39.6%
Ave. Rental Price
£1,712pcm
10 Year change
up 58.9%
Ave. £ per ft²
£227/ft²
Ave. Gross Yield
4.3%/year/yr
All figures are subject to T&Cs
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Explore Propertiesin NG16 5PL

House
0 houses
Group
0 flats

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Sales Market Trends

The last sale in NG16 5PL sold for £123,000 on 26th September 1997. Since then prices are down an average of 0.0%.

The current average value in the postcode is £477,927.
The NG16 5PL Sales Market has increased by 39.6% over the last 10 years.

PeriodYear on YearAverage Price
June 2026-3.2%£477,927
June 20252.3%£493,638
June 2024-1%£482,459
June 20230.6%£487,201
June 202212.7%£484,343
June 20217.7%£429,680
June 20202.7%£399,143
June 20193.1%£388,836
June 20186.2%£377,183
June 20173.7%£355,099
June 20163.7%£342,407
June 20155.2%£330,248
June 20145.3%£313,822
June 20132%£298,166
June 20120.7%£292,234
June 20111%£290,268
June 20100.6%£287,344
June 2009-6.9%£285,548
June 2008-5.3%£306,839
June 20070%£323,896
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Rental Market Trends

The current average rental value in the postcode is £1,712.
The NG16 5PL Rental Market has increased by 58.9% over the last 10 years.

PeriodYear on YearAverage Price
June 20261.9%£1,712pcm
June 20253.3%£1,680pcm
June 20246.3%£1,626pcm
June 20239.7%£1,531pcm
June 202210%£1,395pcm
June 20216.8%£1,268pcm
June 20202.7%£1,187pcm
June 20192.3%£1,156pcm
June 20181.7%£1,130pcm
June 20173.1%£1,111pcm
June 20161.6%£1,077pcm
June 20151.8%£1,060pcm
June 20143.7%£1,041pcm
June 20131.1%£1,004pcm
June 2012-0.2%£993pcm
June 20112.9%£996pcm
June 20103.3%£968pcm
June 2009-4.6%£937pcm
June 20081.7%£981pcm
June 20070%£965pcm
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Sales History

The last sale was on 26th September 1997 for £123,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.

NG16 5PL has seen no sales in the last three years and no sales in the last twelve months.

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Nearby Postcodes

NG16 5PL is the 105th largest and the 1672nd most expensive postcode out of the 1,706 postcodes in the NG16 area.

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Property Types

  • 3 other addresses of unknown type
  • Unknown (3)
Energy Efficiency

Energy Efficiency

  • Energy Performance Certificate (EPC) surveys conducted for 0 properties.
  • The most common rating is no_epc_ratings.
  • A (0)
  • E (0)
  • B (0)
  • F (0)
  • C (0)
  • G (0)
  • D (0)
  • No EPC (3)
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Top 3 Most Expensive Sales

Schools Nearby

Schools Nearby

The nearest primary school to NG16 5PL is Ironville and Codnor Park Primary School, which is 700 metres away.
  • Ironville and Codnor Park Primary School
    700 m away
  • Jacksdale Primary and Nursery School
    1.3 km away
  • Riddings Junior School
    1.6 km away
The nearest secondary school is The Ripley Academy, which is 2.8 kilometres away.
  • The Ripley Academy
    2.8 km away
  • Swanwick Hall School
    3.4 km away
  • Aldercar High School
    3.5 km away
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearby

The closest station to NG16 5PL is Langley Mill station, which is 4.5 kilometres away.

  • Langley Mill
    |
    4.5 km away
  • Alfreton
    |
    5.0 km away
  • Kirkby-in-Ashfield
    |
    8.3 km away
  • Ambergate
    |
    8.4 km away
Source: National Rail
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