23, Tor Lane
23, Tor Lane
Description & Estimates
According to the public record, 23, Tor Lane, Newark is a mid-century freehold house with 1,054 ft2 of internal area and sits on a 368 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 23, Tor Lane, Newark is £220,080 and the estimated rental value is £1,117 per month.
Tor Lane, Ollerton, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
Our Data Sources
23, Tor Lane, Newark has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 23, Tor Lane, Newark is in very good condition we estimate a sale value of £231,084 and a rental value of £1,173 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £204,675 and a rental value of £1,039 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 23, Tor Lane, Newark has declined by £1,915 (0.9%), while its estimated rental value has climbed by £36 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Plot Size
According to data from HM Land Registry, 23, Tor Lane, Newark sits on a plot of 368 m2.
We have plot size data on 26 out of 35 other houses in the postcode and 23, Tor Lane, Newark sits on the 24th largest plot.
Energy Efficiency
23, Tor Lane, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jul 2020.
The property is 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, 23, Tor Lane, Newark was last sold on 11th December 2020 for £185,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2020, the market for similar properties has risen by 19.1%.
- Sold Dec 2020£185,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Tor Lane, Newark within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 19, Kingston Drive, Newark, NG22 9BP, a freehold house which sold for £235,000 on the 18th March 2022.
Read more about house prices in NG22.
- Sold Mar 2022£235,000 | 3 Bed House19, Kingston Drive, Newark, NG22 9BP19, Kingston Drive, Newark, NG22 9BP
- Sold Feb 2022£260,000 | 3 Bed House16, Kingston Drive, Newark, NG22 9BP16, Kingston Drive, Newark, NG22 9BP
- Sold Jan 2021£165,000 | 3 Bed House28, Tor Lane, Newark, NG22 9BT28, Tor Lane, Newark, NG22 9BT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Tor Lane, Ollerton, Newark, NG22 has a total of 35 addresses. According to our analysis of all the public data, 23, Tor Lane, Newark is the 15th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £26k less expensive than the average property in NG22.
More reading links
Schools Nearby
- 1.2kmMaun Infant and Nursery School
- 1.3kmThe Forest View Academy
- 2.1kmThe Parkgate Academy
- 2.2kmThe Dukeries Academy
- 8.2kmThe Garibaldi School
- 8.3kmMeden School
More reading links
Public Transport Nearby
The closest station to 23, Tor Lane, Newark is Shirebrook station, which is 11.8 kilometres away.
- 11.8kmShirebrook
- 12.3kmMansfield Woodhouse
- 12.9kmLangwith-Whaley Thorns
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.
