Our Data Sources
12, Spring Lane, Newark has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 12, Spring Lane, Newark, we estimate a market value of £253,705 and a rental value of £1,150 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £224,710 and £1,018 per month respectively.
Plot Size
HM Land Registry records the plot of land for 12, Spring Lane, Newark as measuring 380 m2.
That makes it the 5th largest plot in the postcode, where 29 of the 46 other houses have recorded plot data.
Energy Efficiency
12, Spring Lane, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 12, Spring Lane, Newark completed on 28th January 2000 at £49,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
- Sold Jan 2000£49,000
- Sold Mar 1998£45,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Spring Lane, Newark have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd February 2024, was 5, Alvey Road, Newark, NG24 3PE, a freehold house which sold for £222,000.
Read more about house prices in NG24.
- Sold Feb 2024£222,000 | 4 Bed House5, Alvey Road, Newark, NG24 3PE5, Alvey Road, Newark, NG24 3PE
- Sold Aug 2023£250,000 | 4 Bed House15, Alvey Road, Newark, NG24 3PE15, Alvey Road, Newark, NG24 3PE
- Sold Sep 2018£225,000 | 4 Bed House2, Wetsyke Lane, Newark, NG24 3NY2, Wetsyke Lane, Newark, NG24 3NY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 46 addresses on Spring Lane, Balderton, Newark, NG24, 12, Spring Lane, Newark comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £30k more expensive than the average property across the NG24 district.
More reading links
Schools Nearby
- 500mChuter Ede Primary School
- 1.2kmJohn Hunt Academy
- 2.5kmBarnby Road Academy Primary and Nursery school
- 1.3kmThe Newark Academy
- 1.6kmThe Suthers School
- 2.6kmMagnus Church of England Academy
More reading links
Public Transport Nearby
- 3.6kmNewark Northgate
- 4.0kmNewark Castle
- 8.7kmRolleston
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
