23A, Lovers Lane
23A, Lovers Lane
Description & Estimates
23A, Lovers Lane, Newark is recorded publicly as a period freehold house across 1,011 ft2 of internal area, sitting on a 126 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 23A, Lovers Lane, Newark is £157,219 and its rental estimate is £888 per month, given the available information and assuming reasonable condition.
Lovers Lane, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
23A, Lovers Lane, Newark has 2 entries in the Land Registry , most recently in March 2024 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 23A, Lovers Lane, Newark, we estimate a market value of £165,080 and a rental value of £932 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £146,214 and £826 per month respectively.
Recent Market Change
Over the last year, 23A, Lovers Lane, Newark has seen its estimated sale value fall by £1,896 (1.2%) and its estimated rental value move up by £20 per month (2.3%). This results in an estimated gross rental yield of 6.8%.
Plot Size
HM Land Registry records the plot of land for 23A, Lovers Lane, Newark as measuring 126 m2.
That makes it the 8th largest plot in the postcode, where 16 of the 17 other houses have recorded plot data.
Energy Efficiency
23A, Lovers Lane, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Aug 2023.
The property is 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 23A, Lovers Lane, Newark completed on 15th March 2024 at £170,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 13.8% over the period since March 2024.
- Sold Mar 2024£170,000
- Sold Dec 2018£153,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 23A, Lovers Lane, Newark have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th March 2024, was 25, Lovers Lane, Newark, NG24 1HZ, a freehold house which sold for £122,000.
Read more about house prices in NG24.
- Sold Mar 2024£122,000 | 3 Bed House25, Lovers Lane, Newark, NG24 1HZ25, Lovers Lane, Newark, NG24 1HZ
- Sold Jan 2024£137,500 | 3 Bed House124, North Gate, Newark, NG24 1HJ124, North Gate, Newark, NG24 1HJ
- Sold Feb 2023£147,500 | 3 Bed House54, Warburton Street, Newark, NG24 1LT54, Warburton Street, Newark, NG24 1LT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 75 addresses on Lovers Lane, Newark, NG24, 23A, Lovers Lane, Newark comes out as the 7th largest and the 19th most expensive in our analysis of the public data.
It is also £55k less expensive than the average property across the NG24 district.
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Schools Nearby
- 100mLovers Lane Primary and Nursery School
- 400mMount CofE Primary School
- 1.2kmBarnby Road Academy Primary and Nursery school
- 1.4kmMagnus Church of England Academy
- 2.4kmThe Newark Academy
- 4.8kmThe Suthers School
More reading links
Public Transport Nearby
From 23A, Lovers Lane, Newark, the nearest station is Newark Northgate, 300 metres away.
- 300mNewark Northgate
- 600mNewark Castle
- 6.5kmRolleston
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 low, based on Environment Agency data.
