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NG23 7BYHouse Prices / East Midlands, Newark and Sherwood, Drinsey Nook Lane
Last updated May 2026
Key Postcode Insights
NG23 7BY is a residential postcode situated on Drinsey Nook Lane, Thorney, Newark, NG23 with 1 addresses.
It ranks as the 60th largest and 674th most expensive of the 759 postcodes in the NG23 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 1 properties: 1 house.
1
Property
- Houses
Key Postcode Insights
NG23 7BY is a residential postcode situated on Drinsey Nook Lane, Thorney, Newark, NG23 with 1 addresses.
It ranks as the 60th largest and 674th most expensive of the 759 postcodes in the NG23 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 1 properties: 1 house.
1
Property
- Houses
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House Pricesin NG23 7BY
Sale prices range from £548,158 for 5 bedroom freehold houses with a garden (2,098 ft2) to £548,158 for 5 bedroom freehold houses with a garden (2,098 ft2) .
Monthly rental prices range from £1,818 pcm for 5 bed houses to £1,818 pcm for 5 bed houses.
The gross rental yield is between 4.0% and 4.0%.
The average value per square foot is £261.
Average Sale Value
£548,158
Average Rental Value
£1,818 pcm
Average Rental Yield
4.0% /year
Average Value Per Sqft
£261 /ft2
Sales Market Trendsin NG23 7BY
The last sale in NG23 7BY sold for £482,500 on 16th March 2006. Since then prices are down an average of 0.0%.
The current average value in the postcode is £548,158.
The NG23 7BY Sales Market has increased by 37.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.5% | £548,158 |
| April 2025 | 3.5% | £562,087 |
| April 2024 | -3.4% | £542,827 |
| April 2023 | 3.4% | £562,194 |
| April 2022 | 9.6% | £543,557 |
| April 2021 | 6.2% | £496,085 |
| April 2020 | 3% | £467,343 |
| April 2019 | 2.6% | £453,644 |
| April 2018 | 4.7% | £442,053 |
| April 2017 | 6% | £422,024 |
| April 2016 | 5.3% | £398,141 |
| April 2015 | 2.9% | £378,196 |
| April 2014 | 6.4% | £367,577 |
| April 2013 | 4.4% | £345,541 |
| April 2012 | 0.2% | £331,021 |
| April 2011 | -0.5% | £330,395 |
| April 2010 | 4.4% | £331,967 |
| April 2009 | -9.6% | £317,970 |
| April 2008 | 1.2% | £351,806 |
| April 2007 | 0% | £347,575 |
Rental Market Trendsin NG23 7BY
The current average rental value in the postcode is £1,818.
The NG23 7BY Rental Market has increased by 44.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £1,818pcm |
| April 2025 | 0.6% | £1,781pcm |
| April 2024 | 7.4% | £1,770pcm |
| April 2023 | 9.6% | £1,647pcm |
| April 2022 | 5.7% | £1,502pcm |
| April 2021 | 3.3% | £1,421pcm |
| April 2020 | 1.8% | £1,376pcm |
| April 2019 | 2.9% | £1,351pcm |
| April 2018 | 1.8% | £1,313pcm |
| April 2017 | 2.5% | £1,290pcm |
| April 2016 | 5.1% | £1,259pcm |
| April 2015 | 1.4% | £1,198pcm |
| April 2014 | 3% | £1,181pcm |
| April 2013 | 3.2% | £1,147pcm |
| April 2012 | 2.6% | £1,111pcm |
| April 2011 | 2% | £1,084pcm |
| April 2010 | 1.2% | £1,062pcm |
| April 2009 | -3.7% | £1,050pcm |
| April 2008 | 4.1% | £1,090pcm |
| April 2007 | 0% | £1,047pcm |
Explore Propertiesin NG23 7BY, Drinsey Nook Lane, Thorney, Newark, NG23
- Springwood Farm, Drinsey Nook Lane, Newark, NG23 7BY5 bed period house
Sales Historyin NG23 7BY
The last sale was on 16th March 2006 for £482,500 and since then the market in the area has remained stable. The postcode has had a total of 3 sales since 1995.
NG23 7BY has seen no sales in the last three years and no sales in the last twelve months.
Sold Mar 2006£482,500 | 5 Bed HouseDrinsey Nook LaneSpringwood Farm, Drinsey Nook Lane, Newark, NG23 7BY
Sold Jun 2003£350,000 | 5 Bed HouseDrinsey Nook LaneSpringwood Farm, Drinsey Nook Lane, Newark, NG23 7BY
Sold May 1996£85,000 | 5 Bed HouseDrinsey Nook LaneSpringwood Farm, Drinsey Nook Lane, Newark, NG23 7BY
Nearby Postcodesto NG23 7BY
NG23 7BY is the 60th largest and the 674th most expensive postcode out of the 759 postcodes in the NG23 area.
- 517 mNG23 7BU, West Road, Thorney, Newark, NG23NG23 7BU20 Addresses
- 610 mNG23 7BP, Orchard Court, Thorney, Newark, NG23NG23 7BP3 Addresses
- 659 mNG23 7BS, Main Street, Thorney, Newark, NG23NG23 7BS25 Addresses
- 664 mNG23 7BT, Main Street, Thorney, Newark, NG23NG23 7BT10 Addresses
- 704 mNG23 7BX, Roadwood Lane, Thorney, Newark, NG23NG23 7BX2 Addresses
- 811 mNG23 7DL, Brown Wood Lane, Thorney, Newark, NG23NG23 7DL7 Addresses
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Property Typesin NG23 7BY
- 1 period house built between 1800 and 1911
- period house (1)
Energy Efficiencyof properties in NG23 7BY
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Saleson Drinsey Nook Lane
- Sold Mar 2006£482,500 | 5 Bed HouseDrinsey Nook LaneSpringwood Farm, Drinsey Nook Lane, Newark, NG23 7BY
- Sold Jun 2003£350,000 | 5 Bed HouseDrinsey Nook LaneSpringwood Farm, Drinsey Nook Lane, Newark, NG23 7BY
- Sold May 1996£85,000 | 5 Bed HouseDrinsey Nook LaneSpringwood Farm, Drinsey Nook Lane, Newark, NG23 7BY
Schools Nearbyto NG23 7BY
The nearest primary school to NG23 7BY is Queen Eleanor Primary School which is 2.9 kilometres away.
- 2.9kmQueen Eleanor Primary School
- 3.3kmNewton-on-Trent CofE Primary School
- 3.9kmSaxilby Church of England Primary School
The nearest secondary school is The Priory City of Lincoln Academy which is 9.8 kilometres away.
- 9.8kmThe Priory City of Lincoln Academy
- 10.3kmNorth Kesteven Academy
- 10.5kmSt Peter and St Paul, Catholic Voluntary Academy
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Public Transport Nearbyto NG23 7BY
The closest station to NG23 7BY is Saxilby station which is 3.4 kilometres away.
- 3.4kmSaxilby
- 9.1kmSwinderby
- 9.5kmHykeham
- 11.5kmLincoln
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