Oster Fen Lane - NG23 5BN
Key Postcode Insights
NG23 5BN is a residential postcode situated on Oster Fen Lane, Claypole, Newark, NG23 with 16 addresses.
It ranks as the 578th largest and 510th most expensive of the 759 postcodes in the NG23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 16 properties: 16 houses.
- Ave. Sale Price
- £417,454
- 10 Year change
- up 37.1%
- Ave. Rental Price
- £1,718pcm
- 10 Year change
- up 55.4%
- Ave. £ per ft²
- £379/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
NG23 5BN is a residential postcode situated on Oster Fen Lane, Claypole, Newark, NG23 with 16 addresses.
It ranks as the 578th largest and 510th most expensive of the 759 postcodes in the NG23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 16 properties: 16 houses.
- Ave. Sale Price
- £417,454
- 10 Year change
- up 37.1%
- Ave. Rental Price
- £1,718pcm
- 10 Year change
- up 55.4%
- Ave. £ per ft²
- £379/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin NG23 5BN
- 2 Oster Fen Lane
4 Bed Period House
- 3 Oster Fen Lane
House
- 4 Oster Fen Lane
2 Bed Modern House
- 5 Oster Fen Lane
House
- 6 Oster Fen Lane
House
Sales Market Trends
The last sale in NG23 5BN sold for £240,000 on 30th September 2022. Since then prices are up an average of 2.2%.
The current average value in the postcode is £417,454.
The NG23 5BN Sales Market has increased by 37.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £417,454 |
| June 2025 | 0.8% | £419,400 |
| June 2024 | 0.6% | £416,134 |
| June 2023 | 0.8% | £413,543 |
| June 2022 | 11% | £410,333 |
| June 2021 | 7% | £369,751 |
| June 2020 | 1.5% | £345,406 |
| June 2019 | 1.6% | £340,204 |
| June 2018 | 5.6% | £334,953 |
| June 2017 | 4.2% | £317,158 |
| June 2016 | 4.7% | £304,415 |
| June 2015 | 4.1% | £290,837 |
| June 2014 | 6.9% | £279,270 |
| June 2013 | 1.7% | £261,170 |
| June 2012 | 2.6% | £256,874 |
| June 2011 | -3.4% | £250,427 |
| June 2010 | 4.2% | £259,331 |
| June 2009 | -10.6% | £248,775 |
| June 2008 | -3.5% | £278,157 |
| June 2007 | 0% | £288,288 |
Rental Market Trends
The current average rental value in the postcode is £1,718.
The NG23 5BN Rental Market has increased by 55.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,718pcm |
| June 2025 | 5.3% | £1,665pcm |
| June 2024 | 6.3% | £1,581pcm |
| June 2023 | 8.7% | £1,487pcm |
| June 2022 | 8.8% | £1,368pcm |
| June 2021 | 5.3% | £1,257pcm |
| June 2020 | 2.3% | £1,194pcm |
| June 2019 | 1.9% | £1,167pcm |
| June 2018 | 1.5% | £1,145pcm |
| June 2017 | 2% | £1,128pcm |
| June 2016 | 5.9% | £1,106pcm |
| June 2015 | 0.8% | £1,044pcm |
| June 2014 | 3.2% | £1,036pcm |
| June 2013 | 1.9% | £1,004pcm |
| June 2012 | 1.2% | £986pcm |
| June 2011 | -0.3% | £974pcm |
| June 2010 | 1.4% | £976pcm |
| June 2009 | -3% | £963pcm |
| June 2008 | -1.1% | £992pcm |
| June 2007 | 0% | £1,003pcm |
Sales History
The last sale was on 30th September 2022 for £240,000 and since then the market in the area has increased by 2.2%. The postcode has had a total of 13 sales since 1995.
NG23 5BN has seen no sales in the last three years and no sales in the last twelve months.
- Sold Sep 2022£240,000 | 3 Bed House24, Oster Fen Lane, Newark, NG23 5BN24, Oster Fen Lane, Newark, NG23 5BN
- Sold May 2022£580,000 | 5 Bed House20, Oster Fen Lane, Newark, NG23 5BN20, Oster Fen Lane, Newark, NG23 5BN
- Sold Feb 2022£290,000 | 3 Bed House9, Oster Fen Lane, Newark, NG23 5BN9, Oster Fen Lane, Newark, NG23 5BN
- Sold Aug 2021£193,000 | 2 Bed House4, Oster Fen Lane, Newark, NG23 5BN4, Oster Fen Lane, Newark, NG23 5BN
- Sold Oct 2017£240,000 | 3 Bed House12, Oster Fen Lane, Newark, NG23 5BN12, Oster Fen Lane, Newark, NG23 5BN
Nearby Postcodes
NG23 5BN is the 578th largest and the 510th most expensive postcode out of the 759 postcodes in the NG23 area.
- NG23 5BJ, Main Street, Claypole, Newark, NG23NG23 5BJ58 Addresses|95 m away
- NG23 5BS, Tinsley Close, Claypole, Newark, NG23NG23 5BS19 Addresses|158 m away
- NG23 5AZ, Redthorn Way, Claypole, Newark, NG23NG23 5AZ19 Addresses|174 m away
- NG23 5BW, Hough Lane, Claypole, Newark, NG23NG23 5BW9 Addresses|211 m away
- NG23 5BH, Rectory Lane, Claypole, Newark, NG23NG23 5BH11 Addresses|216 m away
Property Types
- 1 period house built between 1800 and 1911
- 4 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 8 other addresses of unknown type
- period house (1)
- modern house (4)
- mid-century house (2)
- house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is E.
- A (0)
- E (4)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold May 2022£580,000 | 5 Bed House20, Oster Fen Lane, Newark, NG23 5BN20, Oster Fen Lane, Newark, NG23 5BN
- Sold Aug 2001£320,000 | 4 Bed HouseBlackmires Farm, Oster Fen Lane, Newark, NG23 5ASBlackmires Farm, Oster Fen Lane, Newark, NG23 5AS
- Sold Feb 2022£290,000 | 3 Bed House9, Oster Fen Lane, Newark, NG23 5BN9, Oster Fen Lane, Newark, NG23 5BN
Schools Nearby
- The Claypole Church of England Primary School300 m away
- Chuter Ede Primary School4.3 km away
- John Hunt Academy4.9 km away
- The Suthers School3.4 km away
- The Newark Academy5.2 km away
- Magnus Church of England Academy6.4 km away
More reading links
Public Transport Nearby
The closest station to NG23 5BN is Newark Northgate station, which is 7.3 kilometres away.
- Newark Northgate|7.3 km away
- Newark Castle|7.8 km away
- Bottesford|10.7 km away
- Rolleston|12.0 km away