Our Data Sources
3, Spring Lane, Newark has 51 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated February 2018.
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
In very good condition, we estimate 3, Spring Lane, Newark would be worth £358,973, with a potential rental value of £1,504 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £317,948, with a rental value of £1,332 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
3, Spring Lane, Newark occupies a 300 m2 plot as recorded by HM Land Registry.
Of the 23 other houses in this postcode, 21 have recorded plot sizes, and this one ranks as the 20th largest.
Energy Efficiency
3, Spring Lane, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Spring Lane, Newark last changed hands on 10th October 2023, selling for £315,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 5 times since 1995.
The market for similar properties has dropped by 25.0% since October 2023.
- Sold Oct 2023£315,000
- Sold Aug 2018£225,500
- Sold Jan 2007£225,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.1 kilometres of 3, Spring Lane, Newark across the last 2 years.
Most recently, 15, Spring Lane, Newark, NG22 8LD, a freehold house, sold at £380,000 on the 6th January 2025.
Read more about house prices in NG22.
- Sold Jan 2025£380,000 | 3 Bed House15, Spring Lane, Newark, NG22 8LD15, Spring Lane, Newark, NG22 8LD
- Sold Apr 2022£282,500 | 3 Bed House28, Cockett Lane, Newark, NG22 8LF28, Cockett Lane, Newark, NG22 8LF
- Sold Aug 2020£256,000 | 3 Bed House1, Spring Court, Newark, NG22 8LE1, Spring Court, Newark, NG22 8LE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 3, Spring Lane, Newark as the 18th largest and the 17th most expensive of the 23 addresses on Spring Lane, Farnsfield, Newark, NG22.
Against the NG22 postcode district average, it is £96k more expensive than the typical property.
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Schools Nearby
- 600mFarnsfield St Michael's Church of England Primary School
- 3.4kmKirklington Primary School
- 3.6kmBilsthorpe Flying High Academy
- 5.5kmThe Joseph Whitaker School
- 7.9kmColonel Frank Seely Academy
- 8.7kmThe Garibaldi School
More reading links
Public Transport Nearby
- 9.7kmBleasby
- 10.0kmFiskerton
- 10.1kmThurgarton
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
