10, School Lane
10, School Lane
Description & Estimates
Public records show 10, School Lane, Newark to be a modern freehold house with 5,317 ft2 of internal area, sitting on a 1,639 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
10, School Lane, Newark has an estimated sale value of £881,352 and an estimated rental value of £2,635 per month, assuming reasonable condition and based on the information available.
School Lane, Claypole, Newark, NG23 lies in the borough of South Kesteven, within the NG23 postal district.
Our Data Sources
10, School Lane, Newark has 2 entries in the Land Registry , most recently in May 2021 and a single entry in the EPC database dated June 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 10, School Lane, Newark would be worth £925,420, with a potential rental value of £2,767 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £819,658, with a rental value of £2,451 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 10, School Lane, Newark has declined by £16,390 (1.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £36 (1.4%). The property's estimated gross yield is currently 3.6%.
Plot Size
10, School Lane, Newark occupies a 1,639 m2 plot as recorded by HM Land Registry.
Of the 22 other houses in this postcode, 10 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
10, School Lane, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jun 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
10, School Lane, Newark last changed hands on 28th May 2021, selling for £840,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 27.9% since May 2021.
- Sold May 2021£840,000
- Sold May 2013£190,000
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 3.1 kilometres of 10, School Lane, Newark across the last 2 years.
Most recently, 8A, School Lane, Newark, NG23 5BQ, a freehold house, sold at £445,000 on the 25th November 2015.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 10, School Lane, Newark as the largest and the most expensive of the 22 addresses on School Lane, Claypole, Newark, NG23.
Against the NG23 postcode district average, it is £512k more expensive than the typical property.
More reading links
Schools Nearby
- 100mThe Claypole Church of England Primary School
- 4.0kmChuter Ede Primary School
- 4.7kmJohn Hunt Academy
- 3.1kmThe Suthers School
- 4.9kmThe Newark Academy
- 6.1kmMagnus Church of England Academy
More reading links
Public Transport Nearby
Newark Northgate station is the nearest stop to 10, School Lane, Newark at 7.1 kilometres away.
- 7.1kmNewark Northgate
- 7.5kmNewark Castle
- 10.6kmBottesford
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
