Housing Market Analysis for BACK LANE, NG24 2SE

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £253,125 median price is £275,000 Standard Deviation is £40,826 with Total Sold: 4
    • The Last 5 Year average price is £275,000 with Total Sold: 1
    • The most recent sale happened at this postcode is ORCHARD COTTAGE BACK LANE: £275,000 (Sold on 30 Mar 2021)
    • The first recorded sale happened at this postcode is THE COTTAGE BACK LANE: £182,500 (Sold on 09 Mar 2004)
  • Detached
    • The average price is around £169,000 median price is £169,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is DALEHEY BACK LANE: £169,000 (Sold on 22 Nov 2013)
    • The first recorded sale happened at this postcode is DALEHEY BACK LANE: £169,000 (Sold on 22 Nov 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average NG24 2SE 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
2021£275,000 £2,254 1
2017£280,000 £2,314 1
2016£275,000 £2,273 1
2004£182,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£169,000 £1,641 1

All the Sales in the BACK LANE, NG24 2SE

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

AddressSold DatePrice% Change
ORCHARD COTTAGE BACK LANESemi-Detached, FreeholdArea: 122 Sq.mtrAge: before 190030 Mar 2021£275,000First Sale
BRAMBLE COTTAGE BACK LANESemi-Detached, FreeholdArea: 121 Sq.mtrAge: before 190013 Dec 2017£280,0001.82%
12 Sep 2016£275,000First Sale
DALEHEY BACK LANEDetached, FreeholdArea: 103 Sq.mtrAge: 1991-199522 Nov 2013£169,000First Sale
THE COTTAGE BACK LANESemi-Detached, Freehold09 Mar 2004£182,500First Sale

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

BACK LANE, NG24 2SE Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £174,367 median price is £168,000 Standard Deviation is £104,491 with Total Sold: 15
    • The Last 5 Year average price is £231,167 with Total Sold: 6
    • The most recent sale happened at this postcode is , BARNBY HOUSE CROSS LANE: £480,000 (Sold on 14 May 2024)
    • The first recorded sale happened at this postcode is , OLGWENVER BACK LANE: £41,000 (Sold on 07 Apr 1995)
  • Detached
    • The average price is around £248,137 median price is £240,000 Standard Deviation is £132,578 with Total Sold: 75
    • The Last 5 Year average price is £425,292 with Total Sold: 12
    • The most recent sale happened at this postcode is , MANDELEY LONG LANE: £400,000 (Sold on 11 Aug 2023)
    • The first recorded sale happened at this postcode is , THE WILLOW TREE FRONT STREET: £112,499 (Sold on 28 Apr 1995)
  • Semi-Detached
    • The average price is around £173,317 median price is £174,100 Standard Deviation is £111,266 with Total Sold: 21
    • The Last 5 Year average price is £321,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , TAREE HOUSE BACK LANE: £207,000 (Sold on 23 Feb 2023)
    • The first recorded sale happened at this postcode is , SUMAR BACK LANE: £68,500 (Sold on 24 Mar 1995)
  • Other
    • The average price is around £166,750 median price is £166,750 Standard Deviation is £72,250 with Total Sold: 2
    • The Last 5 Year average price is £166,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , WILLOW TREE INN FRONT STREET: £239,000 (Sold on 22 Apr 2022)
    • The first recorded sale happened at this postcode is , THE OLD SCHOOL GARDEN CROSS LANE: £94,500 (Sold on 27 Sep 2019)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£480,0001
2021£250,000 £2,155 1
2019£164,250 £1,897 4
2016£249,999 £920 1
2013£175,000 £1,804 1
2011£170,000 £1,809 1
2009£235,000 £865 1
2006£60,000 £638 1
2002£162,500 £598 1
1999£49,0001
1995£63,500 £376 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£400,000 £3,419 1
2022£559,833 £3,463 3
2021£399,833 £2,189 6
2020£385,000 £1,932 1
2019£240,000 £1,805 1
2018£294,800 £2,486 5
2016£260,000 £1,722 1
2015£290,000 £1,812 1
2014£267,350 £2,600 5
2013£158,667 £1,850 3
2012£262,500 £3,438 2
2011£294,600 £2,135 5
2010£221,250 £1,850 4
2009£95,000 £731 1
2008£340,000 £1,789 2
2007£332,500 £4,646 2
2006£265,000 £2,114 5
2004£219,000 £1,660 3
2003£254,612 £1,738 4
2002£100,000 £926 2
2001£120,457 £759 7
2000£98,000 £786 5
1999£145,317 £962 3
1998£174,950 £881 1
1997£90,000 £732 1
1995£112,4991
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£207,000 £3,136 1
2022£320,000 £2,883 1
2021£380,000 £2,224 2
2017£280,000 £2,314 1
2016£275,000 £2,273 1
2012£125,000 £2,016 1
2007£166,500 £1,716 1
2006£105,0001
2004£182,5001
2003£227,2252
2002£130,3002
2001£118,050 £639 2
2000£67,0001
1996£44,000 £550 3
1995£68,500 £617 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£239,0001
2019£94,5001

House Type in NG24 2SE area

The most common house types in the NG24 2SE postcode area are Detached (81), Semi-detached (28), and Terraced (4).

Total114
Detached81
Semi-detached28
Terraced4
Flat1
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 (71), and Owned: Owns with a mortgage or loan (26).

Owned: Owns outright71
Owned: Owns with a mortgage or loan26
Private rented: Private landlord or letting agency12
Social rented: Rents from council or Local Authority4
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NG24 2SE have 2 people in household (57), and 1 person in household (23).

2 people in household57
1 person in household23
3 people in household15
4 people in household12
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0