Lavender Way - NG24 2PL
Key Postcode Insights
NG24 2PL is a residential postcode situated on Lavender Way, Newark, NG24 with 24 addresses.
It ranks as the 799th largest and 674th most expensive of the 1,199 postcodes in the NG24 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 24 properties: 24 houses.
- Ave. Sale Price
- £224,608
- 10 Year change
- up 36.9%
- Ave. Rental Price
- £1,055pcm
- 10 Year change
- up 54.7%
- Ave. £ per ft²
- £245/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
NG24 2PL is a residential postcode situated on Lavender Way, Newark, NG24 with 24 addresses.
It ranks as the 799th largest and 674th most expensive of the 1,199 postcodes in the NG24 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 24 properties: 24 houses.
- Ave. Sale Price
- £224,608
- 10 Year change
- up 36.9%
- Ave. Rental Price
- £1,055pcm
- 10 Year change
- up 54.7%
- Ave. £ per ft²
- £245/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Properties in NG24 2PL
- 2 Lavender Way
3 Bed Modern House
- 4 Lavender Way
4 Bed Modern House
- 6 Lavender Way
4 Bed Modern House
- 8 Lavender Way
4 Bed Modern House
- 10 Lavender Way
4 Bed Modern House
Sales Market Trends
The last sale in NG24 2PL sold for £200,000 on 31st July 2024. Since then prices are down an average of 0.4%.
The current average value in the postcode is £224,608.
The NG24 2PL Sales Market has increased by 36.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £224,608 |
| June 2025 | -0.2% | £225,088 |
| June 2024 | 0.2% | £225,439 |
| June 2023 | 1.2% | £225,046 |
| June 2022 | 9.7% | £222,317 |
| June 2021 | 8.1% | £202,690 |
| June 2020 | 0.7% | £187,429 |
| June 2019 | 1.6% | £186,052 |
| June 2018 | 6.5% | £183,088 |
| June 2017 | 4.8% | £171,841 |
| June 2016 | 4.7% | £164,024 |
| June 2015 | 3.4% | £156,716 |
| June 2014 | 6% | £151,568 |
| June 2013 | 2.1% | £142,924 |
| June 2012 | 1.5% | £139,932 |
| June 2011 | -2.5% | £137,842 |
| June 2010 | 4.7% | £141,359 |
| June 2009 | -8.9% | £135,037 |
| June 2008 | -2.5% | £148,255 |
| June 2007 | 0% | £152,105 |
Rental Market Trends
The current average rental value in the postcode is £1,055.
The NG24 2PL Rental Market has increased by 54.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,055pcm |
| June 2025 | 5.9% | £1,021pcm |
| June 2024 | 5.5% | £964pcm |
| June 2023 | 8.7% | £914pcm |
| June 2022 | 7.9% | £840pcm |
| June 2021 | 5.2% | £779pcm |
| June 2020 | 3% | £741pcm |
| June 2019 | 1.5% | £719pcm |
| June 2018 | 2% | £708pcm |
| June 2017 | 1.9% | £695pcm |
| June 2016 | 6.5% | £682pcm |
| June 2015 | 0% | £640pcm |
| June 2014 | 2.2% | £640pcm |
| June 2013 | 1.6% | £626pcm |
| June 2012 | 1.5% | £616pcm |
| June 2011 | -0.2% | £607pcm |
| June 2010 | 2.6% | £609pcm |
| June 2009 | -0.4% | £593pcm |
| June 2008 | -0.6% | £595pcm |
| June 2007 | 0% | £599pcm |
Sales History
The last recorded sale was on 31st July 2024 for £200,000 and since then the market in the area has decreased by 0.4%.
NG24 2PL has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Jul 2024£200,000 | 3 Bed House24, Lavender Way, Newark, NG24 2PL24, Lavender Way, Newark, NG24 2PL
- Sold Apr 2024£210,000 | 4 Bed House12, Lavender Way, Newark, NG24 2PL12, Lavender Way, Newark, NG24 2PL
- Sold Feb 2023£190,000 | 3 Bed House16, Lavender Way, Newark, NG24 2PL16, Lavender Way, Newark, NG24 2PL
Nearby Postcodes
NG24 2PL is the 799th largest and the 674th most expensive postcode out of the 1,199 postcodes in the NG24 area.
- NG24 2PJ, Lavender Way, Newark, NG24NG24 2PJ26 Addresses|37 m away
- NG24 2PA, Speedwell Close, Newark, NG24NG24 2PA6 Addresses|49 m away
- NG24 2PH, Snowdrop Avenue, Newark, NG24NG24 2PH17 Addresses|50 m away
- NG24 2RG, Lily Lane, Newark, NG24NG24 2RG19 Addresses|59 m away
- NG24 2RH, Lily Lane, Newark, NG24NG24 2RH35 Addresses|97 m away
Property Types
- 24 modern houses built after 1980
- modern house (24)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 24 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (23)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Sep 2016£279,995 | 4 Bed House44, Lavender Way, Newark, NG24 2PL44, Lavender Way, Newark, NG24 2PL
- Sold Aug 2016£259,995 | 4 Bed House42, Lavender Way, Newark, NG24 2PL42, Lavender Way, Newark, NG24 2PL
- Sold Jan 2017£249,995 | 4 Bed House40, Lavender Way, Newark, NG24 2PL40, Lavender Way, Newark, NG24 2PL
Schools Nearby
- Coddington CofE Primary and Nursery School1.1 km away
- Barnby Road Academy Primary and Nursery school1.5 km away
- Lovers Lane Primary and Nursery School1.8 km away
- The Newark Academy1.9 km away
- Magnus Church of England Academy2.1 km away
- The Suthers School4.1 km away
More reading links
Public Transport Nearby
The closest station to NG24 2PL is Newark Northgate station, which is 1.6 kilometres away.
- Newark Northgate|1.6 km away
- Newark Castle|2.5 km away
- Collingham|7.4 km away
- Rolleston|8.3 km away
