Our Data Sources
38, Spring Lane, Newark has a single entry in the Land Registry from May 2007 and a single entry in the EPC database dated November 2018.
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
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 38, Spring Lane, Newark, we estimate a market value of £170,222 and a rental value of £863 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £150,768 and £764 per month respectively.
Plot Size
HM Land Registry records the plot of land for 38, Spring Lane, Newark as measuring 265 m2.
That makes it the 17th largest plot in the postcode, where 29 of the 46 other houses have recorded plot data.
Energy Efficiency
38, Spring Lane, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Nov 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
The most recent sale of 38, Spring Lane, Newark completed on 18th May 2007 at £135,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 24.5% over the period since May 2007.
- Sold May 2007£135,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 38, Spring Lane, Newark have sold within a radius of 760 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th January 2025, was 18, Spring Lane, Newark, NG24 3NZ, a freehold house which sold for £185,000.
Read more about house prices in NG24.
- Sold Jan 2025£185,000 | 2 Bed House18, Spring Lane, Newark, NG24 3NZ18, Spring Lane, Newark, NG24 3NZ
- Sold Nov 2023£182,000 | 3 Bed House33, Spring Lane, Newark, NG24 3NZ33, Spring Lane, Newark, NG24 3NZ
- Sold Aug 2023£170,000 | 3 Bed House30, Spring Lane, Newark, NG24 3NZ30, Spring Lane, Newark, NG24 3NZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 46 addresses on Spring Lane, Balderton, Newark, NG24, 38, Spring Lane, Newark comes out as the 41st largest and the 42nd most expensive in our analysis of the public data.
It is also £50k 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
- 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.
