Cottage Lane - NG23 7LJ
Key Postcode Insights
NG23 7LJ is a residential postcode situated on Cottage Lane, Collingham, Newark, NG23 with 18 addresses.
It ranks as the 612th largest and 192nd most expensive of the 759 postcodes in the NG23 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £309,034
- 10 Year change
- up 38.6%
- Ave. Rental Price
- £1,409pcm
- 10 Year change
- up 55.0%
- Ave. £ per ft²
- £305/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
NG23 7LJ is a residential postcode situated on Cottage Lane, Collingham, Newark, NG23 with 18 addresses.
It ranks as the 612th largest and 192nd most expensive of the 759 postcodes in the NG23 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £309,034
- 10 Year change
- up 38.6%
- Ave. Rental Price
- £1,409pcm
- 10 Year change
- up 55.0%
- Ave. £ per ft²
- £305/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin NG23 7LJ
- The Cottage
House
- 1 Cottage Lane
House
- 5 Cottage Lane
House
- 7 Cottage Lane
4 Bed Period House
- 9 Cottage Lane
House
Sales Market Trends
The last sale in NG23 7LJ sold for £335,000 on 28th August 2024. Since then prices are up an average of 1.4%.
The current average value in the postcode is £309,034.
The NG23 7LJ Sales Market has increased by 38.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £309,034 |
| June 2025 | 3% | £312,768 |
| June 2024 | -2.8% | £303,575 |
| June 2023 | 3.3% | £312,255 |
| June 2022 | 12.3% | £302,359 |
| June 2021 | 5.5% | £269,309 |
| June 2020 | 3.5% | £255,274 |
| June 2019 | 1.7% | £246,711 |
| June 2018 | 4.2% | £242,572 |
| June 2017 | 4.4% | £232,743 |
| June 2016 | 6.7% | £222,915 |
| June 2015 | 3.5% | £208,895 |
| June 2014 | 5.3% | £201,748 |
| June 2013 | 4.6% | £191,653 |
| June 2012 | -2% | £183,234 |
| June 2011 | -0.4% | £186,965 |
| June 2010 | 6.8% | £187,633 |
| June 2009 | -11.1% | £175,686 |
| June 2008 | -3.8% | £197,547 |
| June 2007 | 0% | £205,452 |
Rental Market Trends
The current average rental value in the postcode is £1,409.
The NG23 7LJ Rental Market has increased by 55.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,409pcm |
| June 2025 | 5.8% | £1,366pcm |
| June 2024 | 6.3% | £1,292pcm |
| June 2023 | 8.7% | £1,215pcm |
| June 2022 | 8.8% | £1,118pcm |
| June 2021 | 4.8% | £1,028pcm |
| June 2020 | 2.5% | £980pcm |
| June 2019 | 1.7% | £957pcm |
| June 2018 | 1.7% | £940pcm |
| June 2017 | 1.7% | £925pcm |
| June 2016 | 6.1% | £909pcm |
| June 2015 | 0.3% | £857pcm |
| June 2014 | 3.3% | £855pcm |
| June 2013 | 2% | £827pcm |
| June 2012 | 1.2% | £811pcm |
| June 2011 | -0.9% | £802pcm |
| June 2010 | 1.5% | £809pcm |
| June 2009 | -2% | £797pcm |
| June 2008 | -1.6% | £813pcm |
| June 2007 | 0% | £826pcm |
Sales History
The last sale was on 28th August 2024 for £335,000 and since then the market in the area has increased by 1.4%. The postcode has had a total of 13 sales since 1995.
NG23 7LJ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2024£335,000 | 4 Bed House20A, Cottage Lane, Newark, NG23 7LJ20A, Cottage Lane, Newark, NG23 7LJ
- Sold Jun 2021£300,000 | 3 Bed House14, Cottage Lane, Newark, NG23 7LJ14, Cottage Lane, Newark, NG23 7LJ
- Sold Nov 2020£220,000 | 3 Bed House16, Cottage Lane, Newark, NG23 7LJ16, Cottage Lane, Newark, NG23 7LJ
- Sold Feb 2018£270,000 | 3 Bed House14, Cottage Lane, Newark, NG23 7LJ14, Cottage Lane, Newark, NG23 7LJ
- Sold Aug 2016£173,000 | 3 Bed House16, Cottage Lane, Newark, NG23 7LJ16, Cottage Lane, Newark, NG23 7LJ
Nearby Postcodes
NG23 7LJ is the 612th largest and the 192nd most expensive postcode out of the 759 postcodes in the NG23 area.
- NG23 7LL, South End, Collingham, Newark, NG23NG23 7LL20 Addresses|130 m away
- NG23 7LH, Church Street, Collingham, Newark, NG23NG23 7LH10 Addresses|146 m away
- NG23 7LN, Westfield Lane, Collingham, Newark, NG23NG23 7LN6 Addresses|194 m away
- NG23 7LQ, The Green, Collingham, Newark, NG23NG23 7LQ18 Addresses|277 m away
- NG23 7LE, Newark Road, Collingham, Newark, NG23NG23 7LE2 Addresses|282 m away
Property Types
- 6 period houses built between 1800 and 1911
- 2 modern houses built after 1980
- 10 other addresses of unknown type
- period house (6)
- modern house (2)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (2)
- G (0)
- D (4)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Jun 2006£415,000 | 3 Bed House5, Cottage Lane, Newark, NG23 7LJ5, Cottage Lane, Newark, NG23 7LJ
- Sold Jul 2025£415,000 | 4 Bed House21, Cottage Lane, Newark, NG23 7QL21, Cottage Lane, Newark, NG23 7QL
- Sold Jul 2018£350,000 | 4 Bed House36, Cottage Lane, Newark, NG23 7QL36, Cottage Lane, Newark, NG23 7QL
Schools Nearby
- John Blow Primary School900 m away
- Muskham Primary School3.9 km away
- Winthorpe Primary School4.2 km away
- Magnus Church of England Academy8.5 km away
- The Newark Academy8.8 km away
- The Suthers School11.1 km away
More reading links
Public Transport Nearby
The closest station to NG23 7LJ is Collingham station, which is 1.1 kilometres away.
- Collingham|1.1 km away
- Swinderby|5.2 km away
- Newark Northgate|7.0 km away
- Newark Castle|7.5 km away
