35, Spring Lane
35, Spring Lane
Description & Estimates
35, Spring Lane, Newark is described in the public record as a mid-century house with 656 ft2 of internal area, sitting on a 203 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 35, Spring Lane, Newark is £167,795 and its rental estimate is £851 per month, given the available information and assuming reasonable condition.
Spring Lane, Balderton, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
35, Spring Lane, Newark has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2024.
We combine this information with public data 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 35, Spring Lane, Newark, we estimate a market value of £176,185 and a rental value of £893 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £156,050 and £791 per month respectively.
Recent Market Change
Over the last year, 35, Spring Lane, Newark has seen its estimated sale value drop by £2,023 (1.2%) and its estimated rental value rise by £19 per month (2.3%). This results in an estimated gross rental yield of 6.1%.
Plot Size
HM Land Registry records the plot of land for 35, Spring Lane, Newark as measuring 203 m2.
That makes it the 27th largest plot in the postcode, where 29 of the 46 other houses have recorded plot data.
Energy Efficiency
35, Spring Lane, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 35, Spring Lane, Newark completed on 13th February 2004 at £85,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Feb 2004£85,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 35, Spring Lane, Newark have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th December 2023, was 31, Spring Lane, Newark, NG24 3NZ, a freehold house which sold for £150,000.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 46 addresses on Spring Lane, Balderton, Newark, NG24, 35, Spring Lane, Newark comes out as the 33rd largest and the 33rd most expensive in our analysis of the public data.
It is also £44k less expensive than the average property across the NG24 district.
More reading links
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
From 35, Spring Lane, Newark, the nearest station is Newark Northgate, 3.6 kilometres away.
- 3.6kmNewark Northgate
- 4.0kmNewark Castle
- 8.7kmRolleston
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
