Housing Market Analysis for SPRING LANE, NG22 8LD

Are you looking to understand NG22 8LD house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Newark and Sherwood postcode.

For the location information and nearby amenities in the NG22 8LD area, explore the NG22 8LD Area information page.
For comprehensive crime statistics in the NG22 8LD area, explore the NG22 8LD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG22 8LD postcode area, The average prices are as follows,

Detached
- The average price is around £242,714 median price is £260,000 Standard Deviation is £81,877 with Total Sold: 32
- The Last 5 Year average price is £347,990 with Total Sold: 5
- The most recent sale happened at this postcode is 3 SPRING LANE: £315,000 (Sold on 10 Oct 2023)
- The first recorded sale happened at this postcode is 3 SPRING LANE: £72,000 (Sold on 24 Mar 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NG22 8LD house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£315,000	£3,750	1
2022	£399,950	£3,278	1
2020	£325,000	£3,316	1
2019	£350,000	£3,083	2
2018	£272,750	£2,596	4
2016	£290,000	£2,781	2
2015	£283,000	£2,733	4
2012	£239,995	£1,920	1
2011	£237,000	£2,165	1
2010	£189,667	£2,172	3
2009	£250,000	£2,011	1
2008	£260,000	£1,667	1
2007	£250,000	£2,818	2
2005	£240,500	£2,324	2
2002	£100,000		1
2001	£129,950	£1,494	1
2000	£129,975	£1,161	2
1998	£125,000	£1,364	1
1997	£72,000	£857	1

All the Sales in the SPRING LANE, NG22 8LD

See the table below for more details on the sold house prices in the NG22 8LD, Newark and Sherwood postcode.

Address	Sold Date	Price	% Change
3 SPRING LANEDetached, FreeholdArea: 84 Sq.mtrAge: 1976-1982	10 Oct 2023	£315,000	39.69%
	17 Aug 2018	£225,500	0.22%
	10 Jan 2007	£225,000	18.42%
	20 Jan 2005	£190,000	163.89%
	24 Mar 1997	£72,000	First Sale
26 SPRING LANEDetached, FreeholdArea: 122 Sq.mtrAge: 1983-1990	28 Mar 2022	£399,950	36.97%
	06 Aug 2015	£292,000	0.34%
	20 Jul 2005	£291,000	First Sale
24 SPRING LANEDetached, FreeholdArea: 98 Sq.mtrAge: 1983-1990	19 Aug 2020	£325,000	195.45%
	12 Jul 2000	£110,000	First Sale
8 SPRING LANEDetached, FreeholdArea: 103 Sq.mtrAge: 1967-1975	16 Aug 2019	£345,000	58.62%
	04 Jan 2018	£217,500	First Sale
18 SPRING LANEDetached, FreeholdArea: 126 Sq.mtrAge: 1991-1995	28 Feb 2019	£355,000	First Sale
1 SPRING LANEDetached, FreeholdArea: 156 Sq.mtrAge: 1967-1975	16 Apr 2018	£318,000	22.31%
	28 Mar 2008	£260,000	First Sale
19 SPRING LANEDetached, FreeholdArea: 93 Sq.mtrAge: 1983-1990	07 Feb 2018	£330,000	20.00%
	02 Oct 2007	£275,000	First Sale
22 SPRING LANEDetached, FreeholdArea: 124.3 Sq.mtrAge: 1976-1982	25 Jul 2016	£320,000	28.00%
	25 Aug 2009	£250,000	First Sale
21 SPRING LANEDetached, FreeholdArea: 87 Sq.mtrAge: 1983-1990	18 Mar 2016	£260,000	First Sale
30 SPRING LANEDetached, FreeholdArea: 87 Sq.mtrAge: 1983-1990	02 Nov 2015	£260,000	100.08%
	19 Jul 2001	£129,950	First Sale
28 SPRING LANEDetached, FreeholdArea: 124.99 Sq.mtrAge: 1983-1990	30 Oct 2015	£320,000	33.34%
	10 Oct 2012	£239,995	60.05%
	29 Sep 2000	£149,950	First Sale
17 SPRING LANEDetached, FreeholdArea: 87 Sq.mtrAge: 1991-1995	27 Mar 2015	£260,000	First Sale
10 SPRING LANEDetached, FreeholdArea: 109.48 Sq.mtrAge: 1950-1966	17 Oct 2011	£237,000	43.64%
	04 Jun 2010	£165,000	First Sale
15 SPRING LANEDetached, FreeholdArea: 91.65 Sq.mtrAge: 1976-1982	18 Aug 2010	£260,000	108.00%
	12 May 1998	£125,000	First Sale
5 SPRING LANEDetached, Freehold	09 Jul 2010	£144,000	First Sale
4 SPRING LANEDetached, Freehold	19 Jun 2002	£100,000	First Sale

Check out the sold house prices near the NG22 8LD postcode. Properties currently for saleProperties currently for rent

SPRING LANE, NG22 8LD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG22 8LD postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NG22 8LD postcode.

Detached
- The average price is around £294,234 median price is £282,500 Standard Deviation is £137,173 with Total Sold: 453
- The Last 5 Year average price is £443,196 with Total Sold: 78
- The most recent sale happened at this postcode is , 2 BROWNS COURT: £337,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , FAIRWAY STATION LANE: £80,000 (Sold on 28 Apr 1995)
Semi-Detached
- The average price is around £157,958 median price is £155,000 Standard Deviation is £77,893 with Total Sold: 257
- The Last 5 Year average price is £252,908 with Total Sold: 44
- The most recent sale happened at this postcode is , 11 ALEXANDER ROAD: £341,000 (Sold on 26 Apr 2024)
- The first recorded sale happened at this postcode is , 4 MANSFIELD ROAD: £49,000 (Sold on 13 Jan 1995)
Terraced
- The average price is around £134,617 median price is £137,500 Standard Deviation is £65,082 with Total Sold: 37
- The Last 5 Year average price is £221,226 with Total Sold: 7
- The most recent sale happened at this postcode is , 9 BROWNS COURT: £270,000 (Sold on 26 Apr 2024)
- The first recorded sale happened at this postcode is , ELFORD MANSFIELD ROAD: £30,000 (Sold on 27 Jan 1995)
Other
- The average price is around £171,833 median price is £168,000 Standard Deviation is £60,278 with Total Sold: 3
- The Last 5 Year average price is £173,750 with Total Sold: 2
- The most recent sale happened at this postcode is , 49 BRANSTON AVENUE: £247,500 (Sold on 10 May 2023)
- The first recorded sale happened at this postcode is , 14 TRAIL VIEW: £168,000 (Sold on 25 Aug 2017)
Flat
- The average price is around £115,000 median price is £115,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £115,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 45 ALEXANDER ROAD: £115,000 (Sold on 27 Aug 2021)
- The first recorded sale happened at this postcode is , 45 ALEXANDER ROAD: £115,000 (Sold on 27 Aug 2021)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£555,862	£3,250	8
2023	£432,333	£3,560	12
2022	£440,338	£3,480	13
2021	£448,312	£3,162	16
2020	£480,068	£2,635	14
2019	£354,400	£2,730	15
2018	£352,704	£2,745	12
2017	£309,974	£2,865	22
2016	£342,671	£2,470	40
2015	£330,734	£2,522	38
2014	£325,859	£2,233	11
2013	£307,964	£1,807	11
2012	£293,093	£2,287	16
2011	£271,900	£2,155	5
2010	£272,636	£2,274	11
2009	£298,214	£1,946	7
2008	£272,050	£2,021	10
2007	£333,654	£2,232	13
2006	£299,429	£2,102	7
2005	£293,441	£1,903	17
2004	£280,711	£2,071	14
2003	£276,526	£1,675	19
2002	£185,469	£1,230	16
2001	£156,548	£1,204	24
2000	£183,210	£1,080	24
1999	£177,284	£1,054	14
1998	£158,038	£926	13
1997	£155,912	£926	17
1996	£123,136	£775	11
1995	£98,333	£675	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£292,500		2
2023	£274,800	£2,917	5
2022	£275,083	£2,743	6
2021	£243,086	£2,428	11
2020	£261,792	£2,509	12
2019	£212,875	£2,350	8
2018	£217,554	£2,450	13
2017	£176,559	£2,174	26
2016	£184,888	£2,242	9
2015	£175,600	£1,951	5
2014	£200,357	£2,200	7
2013	£175,000	£1,824	4
2012	£145,333	£1,439	6
2011	£166,857	£1,687	7
2010	£155,688	£1,820	8
2009	£165,150	£1,585	7
2008	£172,150	£1,625	10
2007	£159,833	£1,734	9
2006	£154,772	£1,657	9
2005	£172,579	£1,522	12
2004	£130,440	£1,478	10
2003	£130,575	£1,003	6
2002	£89,244	£959	8
2001	£72,279	£602	12
2000	£60,040	£612	10
1999	£57,454	£556	12
1998	£48,875	£507	4
1997	£60,807	£547	7
1996	£66,606	£718	9
1995	£53,000	£747	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£237,500		2
2022	£315,000	£3,214	1
2021	£190,000	£3,056	1
2020	£174,291	£1,571	2
2019	£220,000	£2,558	1
2018	£160,000	£2,573	1
2017	£103,385	£1,202	3
2016	£120,432	£1,773	4
2015	£155,000	£1,582	1
2011	£150,000	£3,307	1
2010	£142,000	£2,284	1
2009	£198,000		1
2007	£151,225	£2,917	2
2006	£159,000	£1,836	3
2005	£160,000	£3,527	1
2003	£145,000		1
2002	£107,000	£1,414	2
2000	£79,500		3
1999	£58,000	£690	1
1998	£59,500	£1,312	1
1997	£53,000	£852	1
1996	£59,400	£1,310	1
1995	£34,250		2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£247,500	£2,690	1
2021	£100,000		1
2017	£168,000	£2,400	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£115,000	£1,716	1

House Type in NG22 8LD area

The most common house types in the NG22 8LD postcode area are Detached (179), Semi-detached (43), and Terraced (16).

Total	238
Detached	179
Semi-detached	43
Terraced	16
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (109), and Owned: Owns with a mortgage or loan (94).

Owned: Owns outright	109
Owned: Owns with a mortgage or loan	94
Social rented: Rents from council or Local Authority	16
Shared ownership: Shared ownership	9
Social rented: Other social rented	5
Private rented: Private landlord or letting agency	3
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the NG22 8LD have 2 people in household (85), and 1 person in household (48).

2 people in household	85
1 person in household	48
3 people in household	47
4 people in household	47
5 people in household	9
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0