1 SPRING LANE

£391,868

Full Address

1 SPRING LANE
FARNSFIELD
NEWARK
NOTTINGHAMSHIRE
UNITED KINGDOM
NG22 8LD

Estimated Market Value

£391,868

This estimated value is based upon the latest sale price for the house of £318,000 on 16 Apr 2018. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1

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Transactions for this house
Price PaidDate
£318,00016 Apr 2018
£260,00028 Mar 2008
House Details
Detached
Freehold

House Price Models

Land Registry House Price Index Model

This model uses changes in the Official Land Registry House Price Index for NOTTINGHAMSHIRE to estimate the market value.

When this house was purchased in April 2018 the House Price Index for NOTTINGHAMSHIRE was 119.0.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.229%.

Applying this 23.229% change to the original purchase price of £318,000 results in an estimated price of approximately £391,868.

16 Apr 2018 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
119.0 146.7 23.229 % £318,000 £73,868 £391,868

The Postcode Pricing Model uses changes in average sales price within the NG22 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations

Change % Change £ Estimated Price
1 Month Average -16.241 % £-51,646 £266,353
3 Month Average 9.089 % £28,902 £346,902
6 Month Average 29.775 % £94,683 £412,683
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Mar 2024 Anti-social behaviour On or near The Spinney
Dec 2023 Vehicle crime Investigation complete; no suspect identified On or near The Spinney
Mar 2024 Violence and sexual offences Unable to prosecute suspect On or near Station Lane
Jan 2024 Violence and sexual offences Under investigation On or near Sports/Recreation Area
Dec 2023 Criminal damage and arson Investigation complete; no suspect identified On or near Sports/Recreation Area

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Companies Near Here
RANKFINAL RESIDENTS MANAGEMENT LIMITED
4 Spring Lane Farnsfield Newark Nottinghamshire NG22 8LD
JOHN CHRISTOPHER MANKEY LIMITED
Old Acres Station Lane Farnsfield Newark England NG22 8LB
JOSE ESTATES LTD
109 Station Lane Farnsfield Newark England NG22 8LB
SUSAN JANE SMITH LIMITED
Old Acres Station Lane Farnsfield Newark England NG22 8LB
K.R. HOBBS LIMITED
3 Fletcher Court Farnsfield Newark Nottinghamshire NG22 8LY

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People Near Here
Mr Mark Paul Howarth Historic Information
Orion House Station Lane, Farnsfield, NG22 8LB
MATTHEW LEE CAIRNS PROJECT MANAGER
10 FLETCHER COURT, FARNSFIELD, NG22 8LY
MR PHILLIP BRASIER DIRECTOR
WOOD VIEW STATION LANE, FARNSFIELD, NG22 8LB
Mr Mike Kuchta
The Birches Station Road, NG22 8LB
COLIN STEPHEN BRAMALL Historic Information FINANCE DIRECTOR
ORION HOUSE STATION LANE, FARNSFIELD, NG22 8LB
MRS PHILIPPA JOY MARSH COMPANY DIRECTOR
THE BRAMBLES MANSFIELD ROAD, FARNSFIELD, NG22 8HG
MORAG MORRISON SKELTON Historic Information
7 FLETCHER COURT, FARNSFIELD, NG22 8LY
PETER GRAVES Historic Information RETIRED
5 FLETCHER COURT, FARNSFIELD, NG22 8LY
MR STEPHEN CHRISTOPHER ROBINSON Historic Information DIRECTOR
1 SPRING LANE, FARNSFIELD, NG22 8LD
MR DAVID ERNEST SMITH COMPANY DIRECTOR
MIDDLE CLOSE MANSFIELD ROAD, FARNSFIELD, NG22 8HG
MR ALAN JOHN NOSWORTHY Historic Information FARMER
HOTHORPE MANSFIELD ROAD, FARNSFIELD, NG22 8HG
MR IAN MACQUEEN Historic Information LAND AND TECHNICAL MANAGER
IVY BANK MANSFIELD ROAD, FARNSFIELD NEWARK, NG22 8HG
Mr Keith Richard Hobbs Historic Information
3 Fletcher Court Farnsfield, NG22 8LY
MR JAMES FLEET EXECUTIVE DIRECTOR
1 SPRING LANE, FARNSFIELD, NG22 8LD
Medevolve Limited
Homefield House Station Lane, Farnsfield, NG22 8LB
MRS CAROL WELLS
HILL CLOSE HOUSE, COCKETT LANE, NG22 8LD
Mr Matthew Charles Kamionko
Redgates Station Lane, Farnsfield, NG22 8LB
MR Matthew BRANTON Director
Station House Station Lane, Farnsfield, NG22 8LB
Mrs Samantha Kirk Historic Information
22 Spring Lane, NG22 8LD
FRANCESCA JANE SCOTHERN
MIDDLEHAY, STATION LANE, NG22 8LB
MRS CAROL TYLER Historic Information BANK OFFICIAL
HOMEFIELD HOUSE STATION LANE, NG22 8LB
John Christopher MANKEY Historic Information Insurance Broker
Old Acres Station Lane, Farnsfield, NG22 8LB
MICHAEL JOHN THOMPSON Historic Information DIRECTOR
THE COVERT, COTTON MILL LANE FARNSFIELD, NG22 8LB
Mrs Nicola Jane Kamionko
Redgates Station Lane, Farnsfield, NG22 8LB
Mr Samuel Sam Fenton Historic Information
The Ferns Mansfield Road, Farnsfield, NG22 8HG
DEREK WILKINS Historic Information COMPANY DIRECTOR
THE PRIORS, MANSFIELD ROAD FARNSFIELD, NG22 8HG
Mrs Annika Margaret Hobbs Historic Information
3 Fletcher Court Farnsfield, NG22 8LY
MR SAMUEL WILLIAM FENTON PROJECT MANAGEMENT
THE FERNS THE FERNS, MANSFIELD ROAD, NG22 8HG
KEITH RICHARD HOBBS COMPANY DIRECTOR
3 FLETCHER COURT, FARNSFIELD, NG22 8LY
ANNIKA MARGARET HOBBS COMPANY SECRETARY
3 FLETCHER COURT, FARNSFIELD, NG22 8LY
MARK ROBERT WARD Historic Information MOTOR ENGINEER
SOUTHVIEW COTTAGE, MANSFIELD ROAD, FARNSFIELD, NG22 8HG
MR PETER CUSSANS MANAGER
7 SPRING COURT, NG22 8LE
SUSAN JANE MITCHELL Historic Information INSURANCE BROKER
OLD ACRES STATION LANE, FARNSFIELD, NG22 8LB
Mrs Janet Marion Ford
4 Spring Lane, Farnsfield, NG22 8LD
MRS PAMELA MARY SMITH FINANCE
MIDDLE CLOSE MANSFIELD ROAD, FARNSFIELD, NG22 8HG
Linda Carol Baker Historic Information
Fairway Station Lane, Farnsfield, NG22 8LB
URSULA MARY RIGG RETIRED
1 SANDHOLES, FARNSFIELD, NG22 8HQ
KEITH MORVILLE MITCHELL Historic Information GENERAL MANAGER
ASH TREE HOUSE, STATION LANE, FARNSFIELD, NG22 8LB
Mr James Wilson Brown
4 Spring Lane, Farnsfield, NG22 8LD
JENNY HOLMES Historic Information DIRECTOR
21 SPRING LANE, FARNSFIELD, NG22 8LD
NIGEL WAUDE GRAY Historic Information SALES EXECUTIVE
CROFT VIEW MANSFIELD ROAD, NG22 8HG

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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