Housing Market Analysis for CHAPEL LANE, NG24 2PW

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £331,286 median price is £380,000 Standard Deviation is £165,369 with Total Sold: 7
    • The Last 5 Year average price is £452,500 with Total Sold: 4
    • The most recent sale happened at this postcode is 11 CHAPEL LANE: £475,000 (Sold on 21 Jul 2023)
    • The first recorded sale happened at this postcode is 1 CHAPEL LANE: £109,000 (Sold on 28 Apr 1997)
  • Other
    • The average price is around £325,000 median price is £325,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £325,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE POPPIES, 17 CHAPEL LANE: £325,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is THE POPPIES, 17 CHAPEL LANE: £325,000 (Sold on 30 Jun 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average NG24 2PW 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£475,000 £2,251 1
2022£550,000 £2,466 1
2021£405,000 £1,919 1
2020£380,0001
2013£325,0001
1997£92,000 £549 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£325,0001

All the Sales in the CHAPEL LANE, NG24 2PW

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

AddressSold DatePrice% Change
11 CHAPEL LANEDetached, FreeholdArea: 211 Sq.mtrAge: before 190021 Jul 2023£475,00017.28%
02 Jun 2021£405,000First Sale
1 CHAPEL LANEDetached, FreeholdArea: 223 Sq.mtrAge: before 190013 Dec 2022£550,000404.59%
28 Apr 1997£109,000First Sale
THE POPPIES, 17 CHAPEL LANEOther, Freehold30 Jun 2021£325,000First Sale
CHARITY FARMHOUSE CHAPEL LANEDetached, Freehold10 Jul 2020£380,00016.92%
03 Sep 2013£325,000First Sale
15 CHAPEL LANEDetached, FreeholdArea: 123 Sq.mtrAge: before 190015 Sep 1997£75,000First Sale

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

CHAPEL LANE, NG24 2PW Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £142,396 median price is £140,000 Standard Deviation is £77,777 with Total Sold: 47
    • The Last 5 Year average price is £199,833 with Total Sold: 15
    • The most recent sale happened at this postcode is , 8 MORGANS CLOSE: £195,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 20 POST OFFICE ROW: £39,750 (Sold on 11 Jan 1995)
  • Semi-Detached
    • The average price is around £161,327 median price is £162,000 Standard Deviation is £78,149 with Total Sold: 53
    • The Last 5 Year average price is £239,705 with Total Sold: 12
    • The most recent sale happened at this postcode is , 22 THORPE CLOSE: £210,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 17 BALDERTON LANE: £64,750 (Sold on 18 May 1995)
  • Detached
    • The average price is around £258,566 median price is £200,000 Standard Deviation is £146,069 with Total Sold: 91
    • The Last 5 Year average price is £422,094 with Total Sold: 16
    • The most recent sale happened at this postcode is , 11 CHAPEL LANE: £475,000 (Sold on 21 Jul 2023)
    • The first recorded sale happened at this postcode is , THE PADDOCK, 40 MAIN STREET: £110,000 (Sold on 28 Jun 1996)
  • Other
    • The average price is around £200,000 median price is £202,500 Standard Deviation is £91,036 with Total Sold: 4
    • The Last 5 Year average price is £325,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE POPPIES, 17 CHAPEL LANE: £325,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is , PLOUGH INN MAIN STREET: £185,000 (Sold on 07 Aug 2015)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£195,0001
2022£238,333 £2,289 3
2021£197,500 £2,265 6
2020£163,125 £2,081 4
2019£250,0001
2018£213,000 £2,908 1
2017£144,975 £1,786 2
2016£227,250 £1,629 2
2015£130,000 £2,407 1
2014£163,250 £2,041 2
2013£112,000 £1,289 1
2012£87,600 £894 1
2011£113,725 £1,486 2
2010£108,667 £1,253 3
2007£174,893 £1,341 3
2004£170,000 £1,104 1
2003£94,950 £1,187 1
2002£185,0001
2001£40,000 £460 1
2000£145,0001
1999£44,500 £524 2
1998£39,333 £649 3
1997£37,7501
1996£42,5001
1995£40,625 £736 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,0001
2023£280,000 £3,450 2
2021£238,364 £2,431 4
2020£312,500 £1,898 2
2019£176,000 £2,224 3
2018£235,000 £1,848 3
2017£158,000 £1,859 1
2016£173,333 £1,662 3
2015£125,000 £1,838 1
2014£180,000 £1,633 2
2013£199,9501
2011£175,350 £1,196 2
2010£135,000 £2,467 1
2009£156,000 £1,670 5
2008£190,0001
2007£145,000 £1,819 2
2006£104,000 £1,238 1
2005£159,988 £997 4
2004£160,0002
2001£116,250 £1,051 2
2000£54,250 £516 2
1999£45,0001
1998£67,000 £423 3
1996£53,2502
1995£51,375 £469 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£475,000 £2,251 1
2022£503,333 £3,559 3
2021£391,188 £2,579 8
2020£409,750 £3,195 4
2017£355,0001
2016£325,000 £2,478 4
2015£311,909 £1,983 4
2014£305,000 £1,964 2
2013£345,0003
2011£280,333 £2,395 3
2010£242,650 £2,089 3
2009£160,000 £2,565 1
2008£164,0001
2007£296,400 £1,615 5
2006£333,750 £1,068 4
2005£321,400 £2,133 5
2004£243,080 £1,870 5
2003£144,125 £1,312 4
2002£180,975 £1,676 4
2001£205,600 £1,346 5
2000£136,917 £989 6
1999£131,630 £1,006 5
1998£84,862 £571 4
1997£87,700 £549 5
1996£110,000 £512 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£325,0001
2018£220,000 £2,340 1
2017£70,000 £946 1
2015£185,0001

House Type in NG24 2PW area

The most common house types in the NG24 2PW postcode area are Detached (145), Semi-detached (35), and Terraced (27).

Total208
Detached145
Semi-detached35
Terraced27
converted building1
Flat0
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (94), and Owned: Owns with a mortgage or loan (83).

Owned: Owns outright94
Owned: Owns with a mortgage or loan83
Private rented: Private landlord or letting agency16
Social rented: Rents from council or Local Authority12
Private rented: Other private rented2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NG24 2PW have 2 people in household (86), and 3 people in household (41).

2 people in household86
3 people in household41
1 person in household40
4 people in household30
5 people in household8
6 people in household7
0 people in household0
7 people in household0
8 or more people in household0