5, Lunn Lane
5, Lunn Lane
Description & Estimates
According to the public record, 5, Lunn Lane, Newark is a modern freehold house with 1,474 ft2 of internal area and sits on a 762 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Lunn Lane, Newark is £449,616 and the estimated rental value is £1,487 per month.
Lunn Lane, Collingham, Newark, NG23 is located in the borough of Newark and Sherwood within the NG23 postal district.
Our Data Sources
5, Lunn Lane, Newark has 31 entries in the Land Registry , most recently in November 2015 and a single entry in the EPC database dated August 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 5, Lunn Lane, Newark is in very good condition we estimate a sale value of £472,097 and a rental value of £1,562 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £418,143 and a rental value of £1,383 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Lunn Lane, Newark has dropped by £6,012 (1.3%), while its estimated rental value has risen by £32 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 4.0%.
Plot Size
According to data from HM Land Registry, 5, Lunn Lane, Newark sits on a plot of 762 m2.
We have plot size data on 11 out of 15 other houses in the postcode and 5, Lunn Lane, Newark sits on the 2nd largest plot.
Energy Efficiency
5, Lunn Lane, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 5, Lunn Lane, Newark was last sold on 17th November 2015 for £310,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since November 2015, the market for similar properties has risen by 53.2%.
- Sold Nov 2015£310,000
- Sold Nov 2006£207,000
- Sold Dec 1996£83,250
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Lunn Lane, Newark within a radius of 3.8 kilometres over the last 2 years.
The most recent example is 120, High Street, Newark, NG23 7NH, a freehold house which sold for £380,000 on the 8th February 2024.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lunn Lane, Collingham, Newark, NG23 has a total of 15 addresses. According to our analysis of all the public data, 5, Lunn Lane, Newark is the 7th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in NG23.
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
The closest station to 5, Lunn Lane, Newark is Collingham station, which is 800 metres away.
- 800mCollingham
- 4.9kmSwinderby
- 7.4kmNewark Northgate
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
