Property profile

8 Long LaneFarndon

NG24 4SU

Farndon & Fernwood

Area profile →

Map showing 8 Long Lane, Farndon, Newark

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£320,000

Detached sold in Farndon & Fernwood

The box shows the middle 50% of detached sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold26 Oct 1999
£73,500Change since last sale: +£244,000 (+333%)
Annualised change
+5.6% per yearNewark and Sherwood annualised change (detached) since 1999: +5.2% per yearThis property's value is moving in line with the market
Price per sq ftLocal median £266 per sq ft
£242 per sq ftEstimate vs local median: −£24 per sq ft (−8.9%)
Local sold pricesMedian for detached in Farndon & Fernwood
£340,000Estimate vs local median: −£22,000 (−6.5%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / Detached
TenureFreehold
Construction period1930-1949
Floor area122 m² / 1,313 sq ft
Rooms6 habitable / 6 heated
EPC ratingE
EPC inspection13 Mar 2023

Sales history

DatePriceChange
26 Oct 1999£73,500-

Local market

Property prices in Farndon & Fernwood

Median price£275,496
Price per sq ft£251
Sales (last 12 months)163
Typical range (middle 50%)£223K – £358K

Based on 163 recent sales, the median property price is £275,496 (about £251 per square foot) in Farndon & Fernwood area, with individual transactions ranging from £88,000 up to £1,175,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Farndon & Fernwood over the last year.
TypeSalesMedian£/sq ft
Detached93£340,000£266
Semi-Detached35£240,000£248
Terraced26£196,500£210
Flats9£115,000£176

10-year price trendmedian sale price in Farndon & Fernwood

Sale price

Ten year median sale price trend for each property type in Farndon & Fernwood.
YearDetachedFlatsSemi-DetachedTerraced
2016£259,975£92,000£175,000£170,000
2017£267,000£87,500£168,000£153,000
2018£266,000£86,250£179,000£140,000
2019£289,995£90,000£197,995£160,000
2020£321,533£94,000£214,995£169,000
2021£295,000£104,000£225,495£178,000
2022£352,995£106,825£256,000£207,500
2023£344,995£108,500£255,498£200,000
2024£350,000£117,500£237,748£205,500
2025£337,500£108,750£235,000£195,000
2026£335,000£120,000£240,000£172,500
Ten year median sale price trend for each property type in Farndon & Fernwood.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Farndon & Fernwood.
YearDetachedFlatsSemi-DetachedTerraced
2016£196£143£181£151
2017£188£143£185£145
2018£200£161£184£172
2019£220£142£195£182
2020£231£149£195£179
2021£243£151£241£188
2022£274£171£246£224
2023£267£171£262£201
2024£260£188£244£190
2025£265£175£252£206
2026£255£180£228£209
Ten year median sale price per square foot trend for each property type in Farndon & Fernwood.

Price distribution by property typelast 12 months

Price distribution by property type for Farndon & Fernwood in the last year.

Recent sales

There were 19 recent sold properties in the last 18 months near NG24 4SU.

Recent sold properties in the last 18 months near NG24 4SU
DateAddressTypeTenurePriceMap
17 Jun 20263A, Long Lane, Newark, NG24 4SUDetachedFreehold£475,000
12 Dec 202534, Long Lane, Newark, NG24 4SUDetachedFreehold£277,500
09 Jul 202542, Long Lane, Newark, NG24 4SUSemi-DetachedFreehold£135,000
27 Jun 202536, Long Lane, Newark, NG24 4SUSemi-DetachedFreehold£265,000
27 Mar 20264, Linton Close, Newark, NG24 4TQSemi-DetachedFreehold£225,000

Other properties at this postcode

AddressTenureFloor areaLast sale
3, Long Lane, Farndon, NewarkFreehold155 m²£316,000 (2019)
3A, Long Lane, Farndon, NewarkFreehold219 m²£475,000 (2026)
6 Long Lane, Farndon, NewarkFreehold124 m²£125,500 (2015)
11, Long Lane, Farndon, NewarkFreehold108 m²£259,950 (2017)
12, Long Lane, Farndon, NewarkFreehold64 m²£150,000 (2023)
16, Long Lane, Farndon, NewarkFreehold86 m²£165,500 (2020)
17 Long Lane, Farndon, NewarkFreehold68 m²£190,000 (2022)
19, Long Lane, Farndon, NewarkFreehold115 m²£325,000 (2024)
20, Long Lane, Farndon, NewarkFreehold96 m²£225,000 (2024)
22 Long Lane, Farndon, NewarkFreehold80 m²£131,000 (2009)

Area insights for NG24 4SU

Full area profile →

Overview

Postcode NG24 4SU is located in an urban city, within the Farndon & Fernwood ward of Newark and Sherwood in the East Midlands region, and forms part of the Fernwood, Farndon & Fiskerton area. It has low deprivation and average crime levels, with around 52.4 crimes per 1,000 residents per year, about 46% below the East Midlands average of 96 per 1,000. The average income per household in Fernwood, Farndon & Fiskerton is £61,717 per year. The nearest station is Newark Castle, about 1.7 miles away. There are 1 primary and no secondary schools in the area.

Crime rate
5/10
Crimes per 1k residents
52
Deprivation level
3/10
Income level
9/10
Social housing
0%
Connectivity
N/A
Flood Risk
Very low
Noise Level
No noise

Deprivation level

3/10

Fernwood, Farndon & Fiskerton has a low level of deprivation, ranked at position 25,305 out of 32,844 areas in the United Kingdom, placing it within the bottom 23% least deprived areas in England.

Crime level

5/10

Fernwood, Farndon & Fiskerton has an average crime rate, with approximately 52.4 reported incidents per 1,000 population each year.

Social housing

0%

Approximately 0.0% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 7.1% of dwellings are socially rented.

Income level

9/10

The average income per household in Fernwood, Farndon & Fiskerton is £61,717 per year.

Noise Level

No noise

No significant noise sources from railways or roads near NG24 4SU.

Flood risk

Very low

Fernwood, Farndon & Fiskerton near NG24 4SU has very low flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Newark Castle located about 1.7 miles away. There are no other stations nearby.

Parks

No parks nearby

Area Profile

Population
391
Population density
2,991.6 per km²

Crime

Crime per 1,000 population

Anti-social behaviour
22.74(+35%)
Violence and sexual offences
20.68(-40%)
Criminal damage and arson
8.96(+20%)
Other crime
6.2(+163%)
Burglary
4.14(+24%)
East Midlands average

Demographics

Ethnic groups

British
374
95.65%
Other White
9
2.3%
Caribbean
3
0.77%
White and Black Caribbean (mixed)
3
0.77%
Other Black
1
0.26%
Total population: 391

Economics

Education (age 16+)

Level 4+ (Degree)
94
28.14%
No qualifications
68
20.36%
Level 3 (A level)
67
20.06%
Level 2 (GCSEs 9-4)
43
12.87%
Apprenticeship
31
9.28%
Total 16+ residents: 334

Housing

Housing tenure

Owns outright
59
41.84%
Owns with a mortgage
57
40.43%
Private landlord or letting agency
22
15.6%
Other forms of private rent
3
2.13%
Total households: 141

Schools

In the NG24 4SU postcode area, located within Fernwood, Farndon & Fiskerton, there are 1 primary and 0 secondary schools in close proximity.

Nearby primary and secondary schools for NG24 4SU
DistancePhaseNameTypeRating
0.3 miPrimarySt Peter's Crosskeys CofE AcademyAcademy converter

Good

Local amenities

1 nearby supermarkets & convenience stores within mi of NG24 4SU

Nearby supermarkets & convenience stores for NG24 4SU
DistanceNameAddressDirections
0.5 miLondisMarsh Lane, Newark and Sherwood, NG24 3SSWalking directions to Londis