Housing Market Analysis for CHAPEL LANE, NG24 2NJ

Are you looking to understand NG24 2NJ 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 NG24 2NJ area, explore the NG24 2NJ Area information page.
For comprehensive crime statistics in the NG24 2NJ area, explore the NG24 2NJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG24 2NJ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £355,333 median price is £425,000 Standard Deviation is £147,943 with Total Sold: 6
    • The Last 5 Year average price is £500,000 with Total Sold: 1
    • The most recent sale happened at this postcode is CHAPEL HOUSE CHAPEL LANE: £500,000 (Sold on 11 Aug 2023)
    • The first recorded sale happened at this postcode is CHAPEL HOUSE CHAPEL LANE: £137,000 (Sold on 29 Apr 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NG24 2NJ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£500,000 £3,571 1
2012£480,000 £2,985 1
2006£450,0001
2004£400,000 £2,487 1
1999£165,0001
1996£137,000 £979 1

All the Sales in the CHAPEL LANE, NG24 2NJ

See the table below for more details on the sold house prices in the NG24 2NJ, Newark and Sherwood postcode.

AddressSold DatePrice% Change
CHAPEL HOUSE CHAPEL LANEDetached, FreeholdArea: 140 Sq.mtrAge: 1967-197511 Aug 2023£500,000264.96%
29 Apr 1996£137,000First Sale
HIDE AWAY CHAPEL LANEDetached, FreeholdArea: 160.814 Sq.mtrAge: 2003-200606 Jan 2012£480,00020.00%
30 Jul 2004£400,000First Sale
RECTORY PADDDOCKS CHAPEL LANEDetached, Freehold10 Feb 2006£450,000First Sale
OLD RECTORY FARM CHAPEL LANEDetached, Freehold18 Jun 1999£165,000First Sale

Check out the sold house prices near the NG24 2NJ postcode. Properties currently for saleProperties currently for rent

CHAPEL LANE, NG24 2NJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG24 2NJ 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 NG24 2NJ postcode.

  • Detached
    • The average price is around £239,453 median price is £225,000 Standard Deviation is £123,268 with Total Sold: 283
    • The Last 5 Year average price is £372,817 with Total Sold: 53
    • The most recent sale happened at this postcode is , 17 WOODLANDS: £360,000 (Sold on 11 Sep 2024)
    • The first recorded sale happened at this postcode is , LITTLE ORCHARD HARGON LANE: £97,500 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £270,463 median price is £261,000 Standard Deviation is £148,163 with Total Sold: 35
    • The Last 5 Year average price is £349,710 with Total Sold: 11
    • The most recent sale happened at this postcode is , 15 GAINSBOROUGH ROAD: £350,000 (Sold on 11 Jul 2024)
    • The first recorded sale happened at this postcode is , 37 GAINSBOROUGH ROAD: £55,000 (Sold on 14 Dec 1995)
  • Terraced
    • The average price is around £103,996 median price is £109,000 Standard Deviation is £39,142 with Total Sold: 13
    • The Last 5 Year average price is £154,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 42 GAINSBOROUGH ROAD: £154,000 (Sold on 18 Dec 2020)
    • The first recorded sale happened at this postcode is , 26 GAINSBOROUGH ROAD: £37,500 (Sold on 25 Sep 1997)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£443,3333
2023£501,540 £2,817 5
2022£361,111 £3,381 9
2021£365,773 £3,059 15
2020£397,000 £2,875 9
2019£301,000 £2,483 12
2018£310,017 £2,747 9
2017£275,167 £2,473 12
2016£261,900 £2,370 10
2015£291,667 £2,214 12
2014£252,538 £2,095 13
2013£216,818 £1,957 11
2012£234,357 £2,255 7
2011£183,994 £1,894 9
2010£272,227 £1,737 13
2009£189,250 £1,845 6
2008£245,000 £1,833 5
2007£253,000 £1,933 11
2006£252,944 £2,221 9
2005£210,458 £1,924 12
2004£262,966 £1,851 16
2003£194,750 £1,547 8
2002£125,071 £926 7
2001£141,500 £1,179 10
2000£138,109 £862 11
1999£131,636 £910 11
1998£79,738 £783 4
1997£85,273 £598 11
1996£78,529 £795 7
1995£86,000 £654 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£247,2822
2023£499,250 £2,312 2
2021£408,500 £2,576 2
2020£238,917 £2,280 3
2019£410,000 £2,597 2
2018£314,375 £2,574 4
2017£209,667 £2,340 3
2015£239,950 £2,448 1
2014£385,000 £2,070 1
2013£283,500 £2,327 3
2008£412,000 £1,292 1
2007£295,000 £2,737 2
2006£302,500 £1,881 2
2004£165,0001
2003£160,000 £502 1
2000£75,000 £815 1
1999£72,0001
1998£79,5001
1997£43,9501
1995£55,000 £598 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£154,000 £1,736 1
2018£165,000 £1,341 1
2016£149,950 £1,219 1
2013£74,000 £925 1
2011£117,500 £1,325 1
2010£105,000 £1,195 2
2007£121,500 £1,370 1
2004£109,000 £1,229 1
2003£95,000 £1,071 1
2002£80,000 £930 1
1998£38,500 £434 1
1997£37,500 £436 1

House Type in NG24 2NJ area

The most common house types in the NG24 2NJ postcode area are Detached (125), Semi-detached (10), and Terraced (4).

Total139
Detached125
Semi-detached10
Terraced4
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 (83), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright83
Owned: Owns with a mortgage or loan38
Private rented: Private landlord or letting agency8
Social rented: Rents from council or Local Authority4
Social rented: Other social rented4
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NG24 2NJ have 2 people in household (67), and 1 person in household (42).

2 people in household67
1 person in household42
3 people in household13
4 people in household11
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0