Housing Market Analysis for THE LANE, NG23 5JT

Are you looking to understand NG23 5JT 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 NG23 5JT area, explore the NG23 5JT Area information page.
For comprehensive crime statistics in the NG23 5JT area, explore the NG23 5JT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG23 5JT postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £182,785 median price is £121,000 Standard Deviation is £124,936 with Total Sold: 5
    • The Last 5 Year average price is £415,000 with Total Sold: 1
    • The most recent sale happened at this postcode is WINDRUSH THE LANE: £415,000 (Sold on 03 Aug 2022)
    • The first recorded sale happened at this postcode is SION-MEHEFIN THE LANE: £80,000 (Sold on 19 Dec 1997)
  • Detached
    • The average price is around £246,000 median price is £202,500 Standard Deviation is £118,603 with Total Sold: 6
    • The Last 5 Year average price is £490,000 with Total Sold: 1
    • The most recent sale happened at this postcode is ROSE COTTAGE THE LANE: £490,000 (Sold on 15 Sep 2020)
    • The first recorded sale happened at this postcode is ROSE COTTAGE THE LANE: £161,000 (Sold on 10 Aug 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average NG23 5JT 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£415,000 £3,074 1
2008£121,000 £1,643 1
2003£87,925 £1,194 1
2002£210,0001
1997£80,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£490,000 £2,487 1
2013£240,000 £1,860 1
2012£220,000 £1,650 2
2001£153,000 £971 2

All the Sales in the THE LANE, NG23 5JT

See the table below for more details on the sold house prices in the NG23 5JT, Newark and Sherwood postcode.

AddressSold DatePrice% Change
WINDRUSH THE LANESemi-Detached, FreeholdArea: 135 Sq.mtrAge: before 190003 Aug 2022£415,000First Sale
ROSE COTTAGE THE LANEDetached, FreeholdArea: 197 Sq.mtrAge: before 190015 Sep 2020£490,00078.18%
27 Apr 2012£275,00070.81%
10 Aug 2001£161,000First Sale
HONEYSUCKLE COTTAGE THE LANEDetached, FreeholdArea: 129 Sq.mtrAge: before 190022 Apr 2013£240,00065.52%
12 Nov 2001£145,000First Sale
SOLWAY THE LANEDetached, FreeholdArea: 86.7 Sq.mtrAge: 1950-196616 Mar 2012£165,000First Sale
2, THE POPLARS THE LANESemi-Detached, FreeholdArea: 73.66 Sq.mtrAge: 1950-196615 Dec 2008£121,00037.62%
26 Sep 2003£87,925First Sale
SION-MEHEFIN THE LANESemi-Detached, Freehold12 Aug 2002£210,000162.50%
19 Dec 1997£80,000First Sale

Check out the sold house prices near the NG23 5JT postcode. Properties currently for saleProperties currently for rent

THE LANE, NG23 5JT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG23 5JT 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 NG23 5JT postcode.

  • Detached
    • The average price is around £256,418 median price is £237,000 Standard Deviation is £88,148 with Total Sold: 31
    • The Last 5 Year average price is £391,250 with Total Sold: 4
    • The most recent sale happened at this postcode is , LEZADA NEWARK ROAD: £290,000 (Sold on 10 Apr 2024)
    • The first recorded sale happened at this postcode is THE BYRE, OLD HALL FARM NEWARK ROAD: £130,000 (Sold on 09 May 2000)
  • Semi-Detached
    • The average price is around £258,266 median price is £275,000 Standard Deviation is £123,608 with Total Sold: 11
    • The Last 5 Year average price is £404,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 3 THE CHESTNUTS: £419,000 (Sold on 14 Mar 2023)
    • The first recorded sale happened at this postcode is , SION-MEHEFIN THE LANE: £80,000 (Sold on 19 Dec 1997)
  • Other
    • The average price is around £140,000 median price is £140,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £140,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , COTHAM CHURCH NEWARK ROAD: £140,000 (Sold on 25 Mar 2021)
    • The first recorded sale happened at this postcode is , COTHAM CHURCH NEWARK ROAD: £140,000 (Sold on 25 Mar 2021)
  • Terraced
    • The average price is around £190,000 median price is £190,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 2 THE ROW: £190,000 (Sold on 10 Mar 2005)
    • The first recorded sale happened at this postcode is , 2 THE ROW: £190,000 (Sold on 10 Mar 2005)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£290,0001
2021£390,000 £2,690 1
2020£442,500 £2,231 2
2018£324,167 £2,132 3
2016£315,000 £1,915 1
2014£185,000 £1,779 1
2013£241,667 £1,649 3
2012£220,000 £1,650 2
2010£285,000 £1,733 1
2009£249,950 £1,202 1
2008£355,000 £1,707 1
2005£360,000 £1,800 1
2004£300,000 £1,442 1
2003£228,000 £1,572 1
2002£188,500 £1,318 4
2001£180,750 £1,035 6
2000£130,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£419,000 £2,793 1
2022£397,500 £2,987 2
2008£121,000 £1,643 1
2006£385,0001
2005£275,000 £1,966 2
2003£87,925 £1,194 1
2002£210,0001
1999£193,000 £858 1
1997£80,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£140,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£190,0001

House Type in NG23 5JT area

The most common house types in the NG23 5JT postcode area are Detached (61), Semi-detached (32), and Terraced (3).

Total97
Detached61
Semi-detached32
Terraced3
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (42), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright42
Owned: Owns with a mortgage or loan37
Private rented: Private landlord or letting agency18
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NG23 5JT have 2 people in household (43), and 4 people in household (23).

2 people in household43
4 people in household23
1 person in household16
3 people in household11
5 people in household3
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0