3, School Lane
3, School Lane
Description & Estimates
According to the public record, 3, School Lane, Newark is a period house with 3,110 ft2 of internal area and sits on a 409 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, School Lane, Newark is £713,231 and the estimated rental value is £1,889 per month.
School Lane, Claypole, Newark, NG23 is located in the borough of South Kesteven within the NG23 postal district.
Our Data Sources
3, School Lane, Newark has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2009.
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
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 3, School Lane, Newark is in very good condition we estimate a sale value of £748,893 and a rental value of £1,983 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £663,305 and a rental value of £1,757 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, School Lane, Newark has declined by £13,264 (1.9%), while its estimated rental value has climbed by £26 per month (1.4%). Based on current estimates, the property offers a gross rental yield of 3.2%.
Plot Size
According to data from HM Land Registry, 3, School Lane, Newark sits on a plot of 409 m2.
We have plot size data on 10 out of 22 other houses in the postcode and 3, School Lane, Newark sits on the 8th largest plot.
Energy Efficiency
3, School Lane, Newark has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 02 Jun 2009.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 3, School Lane, Newark was last sold on 2nd October 1998 for £42,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
- Sold Oct 1998£42,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, School Lane, Newark within a radius of 3.0 kilometres over the last 2 years.
The most recent example is Witham Grange, Doddington Lane, Newark, NG23 5JB, a freehold house which sold for £675,000 on the 30th September 2021.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
School Lane, Claypole, Newark, NG23 has a total of 22 addresses. According to our analysis of all the public data, 3, School Lane, Newark is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £344k more expensive than the average property in NG23.
More reading links
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
The closest station to 3, School Lane, Newark is Newark Northgate station, which is 7.1 kilometres away.
- 7.1kmNewark Northgate
- 7.5kmNewark Castle
- 10.6kmBottesford
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.
