50, Long Lane
50, Long Lane
Description & Estimates
Public records show 50, Long Lane, Newark to be a modern freehold house with 1,711 ft2 of internal area, sitting on a 376 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
50, Long Lane, Newark has an estimated sale value of £379,068 and an estimated rental value of £1,182 per month, assuming reasonable condition and based on the information available.
Long Lane, Farndon, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
50, Long Lane, Newark has 31 entries in the Land Registry , most recently in October 2013 and a single entry in the EPC database dated September 2012.
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
In very good condition, we estimate 50, Long Lane, Newark would be worth £398,022, with a potential rental value of £1,241 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £352,534, with a rental value of £1,099 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 50, Long Lane, Newark has decreased by £3,393 (0.9%) over the last year. During the same period, its estimated monthly rental value has grown by £31 (2.6%). The property's estimated gross yield is currently 3.7%.
Plot Size
50, Long Lane, Newark occupies a 376 m2 plot as recorded by HM Land Registry.
All 3 other houses in this postcode have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
50, Long Lane, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Sep 2012.
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
50, Long Lane, Newark last changed hands on 4th October 2013, selling for £250,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 28.0% since October 2013.
- Sold Oct 2013£250,000
- Sold Nov 2005£246,000
- Sold Mar 2004£180,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.5 kilometres of 50, Long Lane, Newark across the last 2 years.
Most recently, 3, Long Lane, Newark, NG24 4SU, a freehold house, sold at £316,000 on the 18th January 2019.
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
Our analysis of the public data ranks 50, Long Lane, Newark as the 2nd largest and the 2nd most expensive of the 44 addresses on Long Lane, Farndon, Newark, NG24.
Against the NG24 postcode district average, it is £167k more expensive than the typical property.
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Schools Nearby
- 200mSt Peter's Crosskeys CofE Academy
- 2.0kmHoly Trinity Catholic Voluntary Academy
- 2.1kmChrist Church C of E Primary School
- 2.9kmMagnus Church of England Academy
- 3.9kmThe Newark Academy
- 5.2kmThe Suthers School
More reading links
Public Transport Nearby
Newark Castle station is the nearest stop to 50, Long Lane, Newark at 2.8 kilometres away.
- 2.8kmNewark Castle
- 3.6kmNewark Northgate
- 3.7kmRolleston
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
