5, School Lane, Newark, NG24 3SL
5, School Lane, Newark, NG24 3SL
- Sale Estimate
- £294,295-1.5% (12 months)
- Rental Estimate (per month)
- £1,114+3.3% (12 months)
- Tenure & Type
- Mid-Century Freehold House
- Bedrooms
- 3
- Internal Area
- 1,065 ft2
- Outside Space
- Garden
Public records show 5, School Lane, Newark to be a mid-century freehold house with 1,065 ft2 of internal area, sitting on a 319 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, School Lane, Newark has an estimated sale value of £294,295 and an estimated rental value of £1,114 per month, assuming reasonable condition and based on the information available.
School Lane, Farndon, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
5, School Lane, Newark has a single entry in the Land Registry from June 2017 and a single entry in the EPC database dated April 2017.
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
In very good condition, we estimate 5, School Lane, Newark would be worth £309,010, with a potential rental value of £1,169 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £273,695, with a rental value of £1,036 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, School Lane, Newark has decreased by £4,285 (1.5%) over the last year. During the same period, its estimated monthly rental value has grown by £37 (3.3%). The property's estimated gross yield is currently 4.5%.
Plot Size
5, School Lane, Newark occupies a 319 m2 plot as recorded by HM Land Registry.
Of the 26 other houses in this postcode, 17 have recorded plot sizes, and this one ranks as the 16th largest.
Energy Efficiency
5, School Lane, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators (mains gas).
Sold Prices
5, School Lane, Newark last changed hands on 20th June 2017, selling for £239,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 15.0% since June 2017.
- Sold Jun 2017£239,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 151 sales of comparable properties within 2.1 kilometres of 5, School Lane, Newark since 2010.
Most recently, 48, Holmefield, Newark, NG24 3TZ, a freehold house, sold at £242,000 on the 8th January 2026.
Read more about house prices in NG24.
- Sold Jan 2026£242,000 | 3 Bed House48, Holmefield, Newark, NG24 3TZ48, Holmefield, Newark, NG24 3TZ
- Sold Nov 2025£322,000 | 4 Bed House9, Westfield Way, Newark, NG24 3TP9, Westfield Way, Newark, NG24 3TP
- Sold Feb 2025£248,000 | 3 Bed House12, Cross Lane, Newark, NG24 3SH12, Cross Lane, Newark, NG24 3SH
- Sold Nov 2024£260,000 | 3 Bed House6, Chestnut Grove, Newark, NG24 3TW6, Chestnut Grove, Newark, NG24 3TW
- Sold Oct 2024£300,000 | 3 Bed House4, Jackson Court, Newark, NG24 3TS4, Jackson Court, Newark, NG24 3TS
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £340,927, ranging from £265,524 to £505,720.
- 7 School Lane
4 Bed House | 14 m | Est. Value: £336,239
- 3 School Lane
3 Bed House | 22 m | Est. Value: £265,524
- 3A School Lane
3 Bed House | 24 m | Est. Value: £267,139
- 6 School Lane
4 Bed House | 40 m | Est. Value: £360,295
- 4 St. Peters Close
4 Bed House | 43 m | Est. Value: £367,237
Location Comparison
Our analysis of the public data ranks 5, School Lane, Newark as the 17th largest and the 15th most expensive of the 26 addresses on School Lane, Farndon, Newark, NG24.
Against the NG24 postcode district average, it is £81k more expensive than the typical property.
More reading links
Schools Nearby
- St Peter's Crosskeys CofE Academy800 m away
- Holy Trinity Catholic Voluntary Academy2.9 km away
- The Sir Donald Bailey Academy3.1 km away
- Magnus Church of England Academy3.6 km away
- The Newark Academy4.5 km away
- The Suthers School5.4 km away
More reading links
Public Transport Nearby
Rolleston station is the nearest stop to 5, School Lane, Newark at 3.2 kilometres away.
- Rolleston|3.2 km away
- Newark Castle|3.7 km away
- Fiskerton|4.0 km away
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast Broadband available in this area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.