39, Spring Lane
39, Spring Lane
Description & Estimates
According to the public record, 39, Spring Lane, Newark is a mid-century house with 642 ft2 of internal area and sits on a 219 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 39, Spring Lane, Newark is £165,620 and the estimated rental value is £840 per month.
Spring Lane, Balderton, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Our Data Sources
39, Spring Lane, Newark has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2011.
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
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 39, Spring Lane, Newark is in very good condition we estimate a sale value of £173,901 and a rental value of £882 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,026 and a rental value of £781 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 39, Spring Lane, Newark has decreased by £1,997 (1.2%), while its estimated rental value has grown by £19 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Plot Size
According to data from HM Land Registry, 39, Spring Lane, Newark sits on a plot of 219 m2.
We have plot size data on 29 out of 46 other houses in the postcode and 39, Spring Lane, Newark sits on the 23rd largest plot.
Energy Efficiency
39, Spring Lane, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2011.
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, 39, Spring Lane, Newark was last sold on 18th November 2005 for £103,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
- Sold Nov 2005£103,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Spring Lane, Newark within a radius of 730 metres over the last 2 years.
The most recent example is 31, Spring Lane, Newark, NG24 3NZ, a freehold house which sold for £150,000 on the 27th December 2023.
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
Spring Lane, Balderton, Newark, NG24 has a total of 46 addresses. According to our analysis of all the public data, 39, Spring Lane, Newark is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in NG24.
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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
The closest station to 39, Spring Lane, Newark is Newark Northgate station, which is 3.6 kilometres away.
- 3.6kmNewark Northgate
- 4.0kmNewark Castle
- 8.7kmRolleston
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
