6, School Lane
6, School Lane
Description & Estimates
The public record lists 6, School Lane, Newark as a freehold house.
Comparison with its neighbours suggests a mid-century house with 1,195 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
6, School Lane, Newark has an estimated sale value of £427,050 and an estimated rental value of £1,202 per month, assuming reasonable condition and based on the information available.
School Lane, Claypole, Newark, NG23 lies in the borough of South Kesteven, within the NG23 postal district.
Our Data Sources
6, School Lane, Newark has a single entry in the Land Registry from May 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 6, School Lane, Newark would be worth £448,403, with a potential rental value of £1,262 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £397,157, with a rental value of £1,118 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 6, School Lane, Newark has fallen by £4,126 (1.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £28 (2.3%). The property's estimated gross yield is currently 3.4%.
Sold Prices
6, School Lane, Newark last changed hands on 11th May 2011, selling for £205,000. 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 86.9% since May 2011.
- Sold May 2011£205,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.1 kilometres of 6, School Lane, Newark across the last 2 years.
Most recently, 4, Rectory Lane, Newark, NG23 5BH, a freehold house, sold at £300,000 on the 18th February 2022.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 6, School Lane, Newark as the 11th largest and the 7th most expensive of the 22 addresses on School Lane, Claypole, Newark, NG23.
Against the NG23 postcode district average, it is £57k more expensive than the typical property.
More reading links
Schools Nearby
- 100mThe Claypole Church of England Primary School
- 4.0kmChuter Ede Primary School
- 4.7kmJohn Hunt Academy
- 3.1kmThe Suthers School
- 4.9kmThe Newark Academy
- 6.1kmMagnus Church of England Academy
More reading links
Public Transport Nearby
Newark Northgate station is the nearest stop to 6, School Lane, Newark at 7.1 kilometres away.
- 7.1kmNewark Northgate
- 7.5kmNewark Castle
- 10.6kmBottesford
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
