11, School Lane
11, School Lane
Description & Estimates
11, School Lane, Newark appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a mid-century house with 387 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of 11, School Lane, Newark is £224,405 and its rental estimate is £693 per month, given the available information and assuming reasonable condition.
School Lane, Claypole, Newark, NG23 falls within the NG23 postal district, in the borough of South Kesteven.
Our Data Sources
11, School Lane, Newark has a single entry in the Land Registry from March 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 11, School Lane, Newark, we estimate a market value of £235,625 and a rental value of £728 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £208,696 and £645 per month respectively.
Recent Market Change
Over the last year, 11, School Lane, Newark has seen its estimated sale value drop by £2,690 (1.2%) and its estimated rental value rise by £16 per month (2.3%). This results in an estimated gross rental yield of 3.7%.
Sold Prices
The most recent sale of 11, School Lane, Newark completed on 29th March 2018 at £110,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 25.2% over the period since March 2018.
- Sold Mar 2018£110,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 11, School Lane, Newark has sold within a radius of 3.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th July 2007, was 3 Hargreaves Cottages, Doddington Road, Newark, NG23 5BX, a freehold house which sold for £87,000.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 22 addresses on School Lane, Claypole, Newark, NG23, 11, School Lane, Newark comes out as the 21st largest and the 21st most expensive in our analysis of the public data.
It is also £145k less expensive than the average property across the NG23 district.
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
From 11, School Lane, Newark, the nearest station is Newark Northgate, 7.1 kilometres away.
- 7.1kmNewark Northgate
- 7.5kmNewark Castle
- 10.6kmBottesford
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
