18, School Lane
18, School Lane
Description & Estimates
18, School Lane, Newark is described in the public record as a mid-century house with 1,033 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 18, School Lane, Newark is £395,079 and its rental estimate is £1,152 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
18, School Lane, Newark has no records in the the Land Registry and a single entry in the EPC database dated October 2021.
We combine this information with public data 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
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 18, School Lane, Newark, we estimate a market value of £414,833 and a rental value of £1,209 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £367,423 and £1,071 per month respectively.
Recent Market Change
Over the last year, 18, School Lane, Newark has seen its estimated sale value drop by £3,817 (1.0%) and its estimated rental value rise by £26 per month (2.3%). This results in an estimated gross rental yield of 3.5%.
Energy Efficiency
18, School Lane, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 18, School Lane, Newark have sold within a radius of 3.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd October 2022, was 2, Kenny Close, Newark, NG24 3GP, a freehold house which sold for £425,000.
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
Of the 22 addresses on School Lane, Claypole, Newark, NG23, 18, School Lane, Newark comes out as the 15th largest and the 9th most expensive in our analysis of the public data.
It is also £25k more expensive than the average property across the NG23 district.
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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 18, 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.
