4, Lunn Lane
4, Lunn Lane
Description & Estimates
4, Lunn Lane, Newark is recorded publicly as a mid-century freehold house across 850 ft2 of internal area, sitting on a 299 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Lunn Lane, Newark is £253,220 and its rental estimate is £1,250 per month, given the available information and assuming reasonable condition.
Lunn Lane, Collingham, Newark, NG23 falls within the NG23 postal district, in the borough of Newark and Sherwood.
Our Data Sources
4, Lunn Lane, Newark has a single entry in the Land Registry from June 2014 and a single entry in the EPC database dated July 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 4, Lunn Lane, Newark, we estimate a market value of £265,881 and a rental value of £1,313 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £235,494 and £1,163 per month respectively.
Recent Market Change
Over the last year, 4, Lunn Lane, Newark has seen its estimated sale value drop by £2,447 (1.0%) and its estimated rental value rise by £29 per month (2.3%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 4, Lunn Lane, Newark as measuring 299 m2.
That makes it the 8th largest plot in the postcode, where 11 of the 15 other houses have recorded plot data.
Energy Efficiency
4, Lunn Lane, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jul 2013.
The property is not 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 4, Lunn Lane, Newark completed on 19th June 2014 at £169,950 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 50.4% over the period since June 2014.
- Sold Jun 2014£169,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Lunn Lane, Newark have sold within a radius of 3.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th March 2023, was 21, Bell Lane, Newark, NG23 7LR, a freehold house which sold for £227,000.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 15 addresses on Lunn Lane, Collingham, Newark, NG23, 4, Lunn Lane, Newark comes out as the 13th largest and the 13th most expensive in our analysis of the public data.
It is also £116k less expensive than the average property across the NG23 district.
More reading links
Schools Nearby
- 600mJohn Blow Primary School
- 4.3kmMuskham Primary School
- 4.4kmSwinderby All Saints Church of England Primary School
- 8.8kmMagnus Church of England Academy
- 9.2kmThe Newark Academy
- 11.4kmThe Suthers School
More reading links
Public Transport Nearby
From 4, Lunn Lane, Newark, the nearest station is Collingham, 800 metres away.
- 800mCollingham
- 4.9kmSwinderby
- 7.4kmNewark Northgate
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
