Housing Market Analysis for WESTFIELD LANE, NG23 7LN

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

Overview of Sold House prices

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

  • Other
    • The average price is around £780,000 median price is £780,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £780,000 with Total Sold: 1
    • The most recent sale happened at this postcode is WESTFIELD FARM WESTFIELD LANE: £780,000 (Sold on 07 Oct 2019)
    • The first recorded sale happened at this postcode is WESTFIELD FARM WESTFIELD LANE: £780,000 (Sold on 07 Oct 2019)
  • Detached
    • The average price is around £447,500 median price is £447,500 Standard Deviation is £87,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 WESTFIELD LANE: £360,000 (Sold on 24 May 2018)
    • The first recorded sale happened at this postcode is WESTFIELD FARM WESTFIELD LANE: £535,000 (Sold on 03 Aug 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average NG23 7LN 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£780,000 £3,319 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£360,000 £2,903 1
2007£535,000 £2,277 1

All the Sales in the WESTFIELD LANE, NG23 7LN

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

AddressSold DatePrice% Change
WESTFIELD FARM WESTFIELD LANEOther, FreeholdArea: 235 Sq.mtrAge: before 190007 Oct 2019£780,00045.79%
03 Aug 2007£535,000First Sale
2 WESTFIELD LANEDetached, FreeholdArea: 124 Sq.mtrAge: 1967-197524 May 2018£360,000First Sale

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

WESTFIELD LANE, NG23 7LN Near By properties

Interactive Map

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

  • Detached
    • The average price is around £262,927 median price is £235,000 Standard Deviation is £155,391 with Total Sold: 284
    • The Last 5 Year average price is £420,690 with Total Sold: 59
    • The most recent sale happened at this postcode is , HOLLY COTTAGE, 27 SOUTH END: £375,000 (Sold on 13 Jun 2024)
    • The first recorded sale happened at this postcode is , 64 DYKES END: £70,500 (Sold on 16 Jan 1995)
  • Terraced
    • The average price is around £149,772 median price is £153,000 Standard Deviation is £74,954 with Total Sold: 29
    • The Last 5 Year average price is £235,625 with Total Sold: 4
    • The most recent sale happened at this postcode is , 3 DYKES END: £200,000 (Sold on 08 Jan 2024)
    • The first recorded sale happened at this postcode is , 1 DYKES END: £10,000 (Sold on 21 Feb 1995)
  • Semi-Detached
    • The average price is around £169,333 median price is £150,000 Standard Deviation is £84,362 with Total Sold: 111
    • The Last 5 Year average price is £248,625 with Total Sold: 20
    • The most recent sale happened at this postcode is , 43 DYKES END: £235,000 (Sold on 01 Dec 2023)
    • The first recorded sale happened at this postcode is , THE BOUNDARY COTTAGE LANE: £85,000 (Sold on 18 Aug 1995)
  • Other
    • The average price is around £387,500 median price is £330,000 Standard Deviation is £244,170 with Total Sold: 4
    • The Last 5 Year average price is £480,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 14 SOUTH END: £350,000 (Sold on 15 Feb 2021)
    • The first recorded sale happened at this postcode is , 42 DYKES END: £110,000 (Sold on 22 Sep 2017)
  • Flat
    • The average price is around £84,000 median price is £84,000 Standard Deviation is £24,000 with Total Sold: 2
    • The Last 5 Year average price is £60,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 7B HIGH STREET: £60,000 (Sold on 17 Feb 2020)
    • The first recorded sale happened at this postcode is , 7A HIGH STREET: £108,000 (Sold on 16 Dec 2014)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£450,000 £3,411 6
2023£399,000 £3,432 5
2022£476,688 £3,017 16
2021£353,187 £2,881 15
2020£483,056 £2,545 9
2019£356,675 £2,246 8
2018£353,035 £2,643 10
2017£306,786 £2,208 7
2016£293,643 £1,992 7
2015£289,026 £2,041 19
2014£313,995 £2,066 11
2013£291,296 £2,065 13
2012£265,571 £1,867 7
2011£198,500 £1,979 5
2010£239,455 £2,817 11
2009£254,167 £1,898 9
2008£295,0003
2007£330,955 £2,017 10
2006£263,562 £1,764 8
2005£230,962 £1,846 13
2004£169,600 £1,888 5
2003£184,938 £1,099 8
2002£256,869 £1,302 8
2001£163,864 £1,193 11
2000£104,690 £770 10
1999£126,136 £845 7
1998£103,529 £644 17
1997£97,517 £644 15
1996£87,850 £686 5
1995£88,242 £588 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£200,000 £3,846 1
2022£287,500 £3,686 1
2019£227,500 £2,319 2
2018£120,000 £968 1
2017£235,975 £3,196 4
2016£104,000 £1,608 2
2015£170,000 £2,179 1
2014£175,0001
2010£120,000 £2,308 1
2009£96,833 £1,396 3
2008£160,000 £1,255 1
2007£235,000 £1,926 1
2006£152,500 £2,083 2
2004£142,500 £1,179 2
2001£85,333 £330 3
2000£75,5001
1996£47,000 £618 1
1995£10,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£205,625 £2,958 4
2022£229,333 £2,817 3
2021£270,500 £2,538 4
2020£252,000 £2,419 3
2019£270,667 £2,246 6
2018£238,000 £2,351 6
2017£208,250 £3,129 4
2016£207,500 £2,013 4
2015£120,583 £1,909 5
2014£231,000 £2,300 5
2013£210,650 £1,873 3
2012£190,500 £1,796 4
2011£147,125 £1,591 4
2010£169,475 £1,806 8
2009£102,975 £1,447 2
2008£117,000 £1,183 2
2007£167,170 £2,031 5
2006£122,500 £2,450 4
2005£195,990 £1,643 5
2004£123,286 £1,693 7
2003£189,500 £2,424 3
2002£93,000 £565 2
2001£110,5002
2000£73,500 £884 3
1999£60,000 £769 1
1998£78,333 £812 3
1997£92,000 £520 1
1996£51,357 £962 7
1995£85,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£350,000 £4,548 1
2019£545,000 £2,799 2
2017£110,000 £809 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£60,000 £732 1
2014£108,000 £1,271 1

House Type in NG23 7LN area

The most common house types in the NG23 7LN postcode area are Detached (92), Semi-detached (39), and Terraced (5).

Total138
Detached92
Semi-detached39
Terraced5
converted building1
commercial building1
Flat0
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (79), and Owned: Owns with a mortgage or loan (42).

Owned: Owns outright79
Owned: Owns with a mortgage or loan42
Private rented: Private landlord or letting agency12
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NG23 7LN have 2 people in household (70), and 1 person in household (39).

2 people in household70
1 person in household39
3 people in household15
4 people in household11
5 people in household3
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0