Housing Market Analysis for MILL LANE, NG23 7AY

Are you looking to understand NG23 7AY 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 7AY area, explore the NG23 7AY Area information page.
For comprehensive crime statistics in the NG23 7AY area, explore the NG23 7AY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG23 7AY postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £192,333 median price is £189,500 Standard Deviation is £29,258 with Total Sold: 3
    • The Last 5 Year average price is £209,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 MILL LANE: £229,500 (Sold on 26 Aug 2022)
    • The first recorded sale happened at this postcode is 2 MILL LANE: £158,000 (Sold on 22 Nov 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average NG23 7AY 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£229,500 £2,669 1
2019£189,500 £2,203 1
2013£158,000 £1,837 1

All the Sales in the MILL LANE, NG23 7AY

See the table below for more details on the sold house prices in the NG23 7AY, Newark and Sherwood postcode.

AddressSold DatePrice% Change
2 MILL LANESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-196626 Aug 2022£229,50021.11%
01 Mar 2019£189,50019.94%
22 Nov 2013£158,000First Sale

Check out the sold house prices near the NG23 7AY postcode. Properties currently for saleProperties currently for rent

MILL LANE, NG23 7AY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG23 7AY 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 7AY postcode.

  • Detached
    • The average price is around £193,530 median price is £175,750 Standard Deviation is £108,705 with Total Sold: 70
    • The Last 5 Year average price is £291,150 with Total Sold: 13
    • The most recent sale happened at this postcode is , LUDAVILLE HIGH STREET: £230,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , THE FARM COTTAGE SILVER STREET: £85,000 (Sold on 03 Jul 1995)
  • Other
    • The average price is around £247,500 median price is £247,500 Standard Deviation is £127,500 with Total Sold: 2
    • The Last 5 Year average price is £247,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , TRENTHOLME FARM COTTAGE BACK LANE: £120,000 (Sold on 04 Apr 2023)
    • The first recorded sale happened at this postcode is , GREENGATES HIGH STREET: £375,000 (Sold on 09 Jul 2021)
  • Semi-Detached
    • The average price is around £141,060 median price is £144,750 Standard Deviation is £53,268 with Total Sold: 20
    • The Last 5 Year average price is £206,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , 2 MILL LANE: £229,500 (Sold on 26 Aug 2022)
    • The first recorded sale happened at this postcode is , 1 TRENT LANE: £43,000 (Sold on 24 Apr 1998)
  • Terraced
    • The average price is around £50,000 median price is £50,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , LOWNDS FARM HIGH STREET: £50,000 (Sold on 21 Mar 2006)
    • The first recorded sale happened at this postcode is , LOWNDS FARM HIGH STREET: £50,000 (Sold on 21 Mar 2006)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£230,0001
2023£308,000 £2,805 4
2022£333,475 £2,057 2
2021£206,500 £2,089 2
2020£294,000 £1,892 2
2019£327,500 £2,167 2
2018£355,000 £1,571 2
2017£302,500 £1,813 2
2016£221,333 £1,704 3
2015£148,750 £1,750 2
2014£202,500 £754 2
2013£144,500 £2,266 2
2012£278,250 £2,026 2
2011£322,000 £1,489 1
2009£191,250 £1,523 2
2008£277,500 £2,625 4
2007£315,0001
2006£250,000 £1,106 1
2005£169,333 £1,447 3
2004£172,000 £1,065 4
2003£125,000 £858 4
2002£136,125 £940 4
2001£93,9833
2000£87,000 £686 2
1999£145,5103
1998£94,000 £820 3
1997£62,333 £739 3
1996£56,233 £421 3
1995£85,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£120,000 £543 1
2021£375,000 £4,518 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£194,750 £2,275 2
2021£248,000 £1,975 1
2019£189,500 £2,203 1
2014£123,333 £1,475 3
2013£141,500 £2,020 2
2011£168,250 £1,695 2
2008£148,000 £1,922 1
2007£199,950 £1,592 1
2006£152,250 £1,977 1
2003£123,000 £1,256 2
2002£85,000 £1,498 1
2000£52,000 £675 1
1998£60,750 £625 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£50,0001

House Type in NG23 7AY area

The most common house types in the NG23 7AY postcode area are Detached (60), Semi-detached (13), and Terraced (0).

Total73
Detached60
Semi-detached13
Terraced0
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (35), and Owned: Owns with a mortgage or loan (26).

Owned: Owns outright35
Owned: Owns with a mortgage or loan26
Private rented: Other private rented8
Private rented: Private landlord or letting agency4
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 7AY have 2 people in household (36), and 1 person in household (12).

2 people in household36
1 person in household12
3 people in household12
4 people in household10
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0