29, Spring Lane
29, Spring Lane
Description & Estimates
Public records show 29, Spring Lane, Newark to be a modern freehold house with 904 ft2 of internal area, sitting on a 377 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
29, Spring Lane, Newark has an estimated sale value of £202,194 and an estimated rental value of £980 per month, assuming reasonable condition and based on the information available.
Spring Lane, Balderton, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
29, Spring Lane, Newark has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated January 2023.
We combine this information with that 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
In very good condition, we estimate 29, Spring Lane, Newark would be worth £212,304, with a potential rental value of £1,029 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £188,040, with a rental value of £912 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 29, Spring Lane, Newark has dropped by £2,438 (1.2%) over the last year. During the same period, its estimated monthly rental value has risen by £22 (2.3%). The property's estimated gross yield is currently 5.8%.
Plot Size
29, Spring Lane, Newark occupies a 377 m2 plot as recorded by HM Land Registry.
Of the 46 other houses in this postcode, 29 have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
29, Spring Lane, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
29, Spring Lane, Newark last changed hands on 9th June 2023, selling for £182,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 14.4% since June 2023.
- Sold Jun 2023£182,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 710 metres of 29, Spring Lane, Newark across the last 2 years.
Most recently, 22, Anwick Close, Newark, NG24 5BU, a freehold house, sold at £208,996 on the 30th January 2025.
Read more about house prices in NG24.
- Sold Jan 2025£208,996 | 3 Bed House22, Anwick Close, Newark, NG24 5BU22, Anwick Close, Newark, NG24 5BU
- Sold Dec 2024£208,996 | 3 Bed House24, Anwick Close, Newark, NG24 5BU24, Anwick Close, Newark, NG24 5BU
- Sold Nov 2024£213,746 | 3 Bed House12, Anwick Close, Newark, NG24 5BU12, Anwick Close, Newark, NG24 5BU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 29, Spring Lane, Newark as the 9th largest and the 7th most expensive of the 46 addresses on Spring Lane, Balderton, Newark, NG24.
Against the NG24 postcode district average, it is £10k less expensive than the typical property.
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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
Newark Northgate station is the nearest stop to 29, Spring Lane, Newark at 3.6 kilometres away.
- 3.6kmNewark Northgate
- 4.0kmNewark Castle
- 8.7kmRolleston
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
