3, Brook Lane
3, Brook Lane
Description & Estimates
Public records show 3, Brook Lane, Newark to be a modern freehold house with 1,894 ft2 of internal area, sitting on a 354 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Brook Lane, Newark has an estimated sale value of £524,271 and an estimated rental value of £1,607 per month, assuming reasonable condition and based on the information available.
Brook Lane, Collingham, Newark, NG23 lies in the borough of Newark and Sherwood, within the NG23 postal district.
Our Data Sources
3, Brook Lane, Newark has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3, Brook Lane, Newark would be worth £550,485, with a potential rental value of £1,687 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £487,572, with a rental value of £1,494 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 3, Brook Lane, Newark has moved down by £7,010 (1.3%) over the last year. During the same period, its estimated monthly rental value has increased by £34 (2.1%). The property's estimated gross yield is currently 3.7%.
Plot Size
3, Brook Lane, Newark occupies a 354 m2 plot as recorded by HM Land Registry.
All 11 other houses in this postcode have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
3, Brook Lane, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
3, Brook Lane, Newark last changed hands on 12th October 2020, selling for £479,500. 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 risen by 16.6% since October 2020.
- Sold Oct 2020£479,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.6 kilometres of 3, Brook Lane, Newark across the last 2 years.
Most recently, 34, The Hedgerows, Newark, NG23 7RL, a freehold house, sold at £475,000 on the 31st March 2025.
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
Our analysis of the public data ranks 3, Brook Lane, Newark as the 3rd largest and the 3rd most expensive of the 11 addresses on Brook Lane, Collingham, Newark, NG23.
Against the NG23 postcode district average, it is £155k more expensive than the typical property.
More reading links
Schools Nearby
- 300mJohn Blow Primary School
- 3.6kmSwinderby All Saints Church of England Primary School
- 4.9kmWinthorpe Primary School
- 9.2kmMagnus Church of England Academy
- 9.5kmThe Newark Academy
- 11.2kmNorth Kesteven Academy
More reading links
Public Transport Nearby
Collingham station is the nearest stop to 3, Brook Lane, Newark at 200 metres away.
- 200mCollingham
- 4.2kmSwinderby
- 7.8kmNewark Northgate
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
