2, Lunn Lane
2, Lunn Lane
Description & Estimates
According to the public record, 2, Lunn Lane, Newark is a mid-century freehold house with 882 ft2 of internal area and sits on a 312 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lunn Lane, Newark is £258,113 and the estimated rental value is £1,266 per month.
Lunn Lane, Collingham, Newark, NG23 is located in the borough of Newark and Sherwood within the NG23 postal district.
Our Data Sources
2, Lunn Lane, Newark has 2 entries in the Land Registry , most recently in December 2014 and a single entry in the EPC database dated September 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Lunn Lane, Newark is in very good condition we estimate a sale value of £271,019 and a rental value of £1,330 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,045 and a rental value of £1,178 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Lunn Lane, Newark has dropped by £2,494 (1.0%), while its estimated rental value has risen by £29 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Plot Size
According to data from HM Land Registry, 2, Lunn Lane, Newark sits on a plot of 312 m2.
We have plot size data on 11 out of 15 other houses in the postcode and 2, Lunn Lane, Newark sits on the 6th largest plot.
Energy Efficiency
2, Lunn Lane, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Lunn Lane, Newark was last sold on 5th December 2014 for £176,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2014, the market for similar properties has risen by 49.5%.
- Sold Dec 2014£176,000
- Sold Aug 2007£162,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lunn Lane, Newark within a radius of 3.8 kilometres over the last 2 years.
The most recent example is 12, The Oaklands, Newark, NG23 7RG, a freehold house which sold for £298,000 on the 4th October 2024.
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
Lunn Lane, Collingham, Newark, NG23 has a total of 15 addresses. According to our analysis of all the public data, 2, Lunn Lane, Newark is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in NG23.
More reading links
Schools Nearby
- 600mJohn Blow Primary School
- 4.3kmMuskham Primary School
- 4.4kmSwinderby All Saints Church of England Primary School
- 8.8kmMagnus Church of England Academy
- 9.2kmThe Newark Academy
- 11.4kmThe Suthers School
More reading links
Public Transport Nearby
The closest station to 2, Lunn Lane, Newark is Collingham station, which is 800 metres away.
- 800mCollingham
- 4.9kmSwinderby
- 7.4kmNewark Northgate
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
