Sold STC Bungalow

THE FALLOWS

PINGLEY LANE, NEWARK, STAYTHORPE, NOTTINGHAMSHIRE NG23 5RH

4 beds 1,938 sq ft Listed 20 Dec 2022 (-1278d)

£400,000

Guide Price

Reduced on 11 Apr 2022

Save

# 4 bedroom bungalow for sale (NG23 5RH)

## Property Details

| Key | Value |
|-----|-------|
| Address | THE FALLOWS, PINGLEY LANE, NEWARK, STAYTHORPE, NOTTINGHAMSHIRE NG23 5RH |
| Price | £400,000 |
| Bedrooms | 4 |
| Construction age | England and Wales: 1976-1982 |
| Floor area | 180 m² |
| Last sold | £390,000 Mar 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 25/05/2031
- **Current heating cost:** £1,191/year
- **Est. upgrade cost to C:** £37,100

### Recommendations
- W2 (£4,000 - £6,000)
- I (£2,200 - £3,000)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)
- V2 (£15,000 - £25,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0110-2416-3050-2229-4351)

## Description

Guide Price £400,000 - £425,000 Looking for privacy? Look no further. An individually designed non-estate detached bungalow, located at the head of a private driveway. This property sits on a secluded plot with extensive off road parking and spacious well maintained accommodation comprising of: an entrance hallway, triple aspect lounge, conservatory, open plan dining room (currently used as an additional sitting area) and kitchen with oak floor and integrated appliances including double oven, hob and dishwasher, utility room, inner hallway with access to master bedroom with en-suite shower room, three further bedrooms and a family bathroom. The property also offers a study/home office with access to the integral garage which has potential to be converted into an annexe (subject to planning). Benefitting UPVC double glazing and oil fired central heating. With a private gravelled garden to the front, patio and lawned garden to the side and rear garden encompassing a lawn, gravelled path, raised beds, metal shed, greenhouse and mature trees and shrubs.

EPC rating: D. Council tax band: F, Tenure: Freehold,

## Property Photos

- ![Photo](/listings/photos/130115273/693868)
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## Floorplans

- ![Floorplan](/listings/photos/130115273/693954) - Floorplan

## EPC Graphs

- ![EPC Graph](/listings/photos/130115273/693959) - EPC Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| THE FALLOWS PINGLEY LANE, STAYTHORPE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG23 5RH | £390,000 | 17/03/2023 | Detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] SUMMERTIDE PINGLEY LANE, STAYTHORPE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG23 5RH | £410,000 | 17/06/2022 | Detached |
| [Same street] MANOR HOUSE COTTAGE PINGLEY LANE, STAYTHORPE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG23 5RH | £281,000 | 10/06/2022 | Other |
| WHITE COTTAGE STAYTHORPE ROAD, STAYTHORPE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG23 5RG | £254,000 | 07/12/2021 | Detached |
| [Same street] WESTVIEW PINGLEY LANE, STAYTHORPE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG23 5RH | £350,000 | 27/09/2021 | Detached |
| [Same street] MANOR FARM PINGLEY LANE, STAYTHORPE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG23 5RH | £820,000 | 24/09/2021 | Detached |
| [Same street] WESTVIEW PINGLEY LANE, STAYTHORPE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG23 5RH | £345,360 | 10/09/2021 | Detached |

**Street average:** £441,272 (5 sales)
**Area average:** £254,000 (1 sale)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £455,654 (43 Detached, NG23, 2024–2026)
- **Deviation:** -12.2%

## Rental Range

*ONS Price Index of Private Rents (Newark and Sherwood). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £710/mo
- **Realistic:** £789/mo
- **Optimistic:** £868/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Grantham & Newark (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £873/mo

## 1% Rule

- **Rent ratio:** 0.2% (weak for cashflow)
- **Max investor price (0.8%):** £98,625
- **Target investor price (1%):** £78,900

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Price per Square Metre

- **£/m²:** £2,222/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 8.4%
- **10y growth:** 65.6%

## House Price Index (HM Land Registry)

*Official index for Newark and Sherwood; Detached series; as of March 2026.*

- **1y growth (index):** 4.7%
- **5y growth (index):** 17.8%
- **10y growth (index):** 45%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

FREEHOLD

Floor area

180 m²

EPC rating

Year built

England and Wales: 1976-1982

Last sold

£390,000 Mar 2023

Price per m²

£2,222/m²

Local average

£455,654 (-12.2%)

Deprivation

Decile 7 (21,217 of 33,755)

Street crime

1 incident within 1 mile (Apr 2026)

Key features

GUIDE PRICE £400,000 - £425,000
Detached Bungalow
Extensive Private Driveway and Garage
Four Bedrooms
Spacious Accomodation
Annexe Potential
Landscaped Gardens
Tenure: Freehold, EPC 'D'
Council Tax Band: F

Additional details

Heating: Gas central
Parking: Yes
Garden: Yes

Description

Listed by

Newark

The Property Franchise Group

Reference: 130115273

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 26/05/2021

Expiry date: 25/05/2031

Current heating cost: £1,191/year

Potential heating cost: £979/year

Est. upgrade cost to C: £37,100

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Floor insulation (solid floor) (£4,000 - £6,000)
Replace boiler with new condensing boiler (£2,200 - £3,000)
Solar water heating (£4,000 - £6,000)
Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)
Wind turbine (£15,000 - £25,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Graph

Price history

Event	Date	Price	% change
Sold	17/03/2023 (3 years ago)	£390,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
Same street SUMMERTIDE PINGLEY LANE, STAYTHORPE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG23 5RH	£410,000	17/06/2022	Detached
Same street MANOR HOUSE COTTAGE PINGLEY LANE, STAYTHORPE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG23 5RH	£281,000	10/06/2022	Other
WHITE COTTAGE STAYTHORPE ROAD, STAYTHORPE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG23 5RG	£254,000	07/12/2021	Detached
Same street WESTVIEW PINGLEY LANE, STAYTHORPE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG23 5RH	£350,000	27/09/2021	Detached
Same street MANOR FARM PINGLEY LANE, STAYTHORPE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG23 5RH	£820,000	24/09/2021	Detached
Same street WESTVIEW PINGLEY LANE, STAYTHORPE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG23 5RH	£345,360	10/09/2021	Detached

Street average: £441,272 (5 sales)

Area average: £254,000 (1 sale)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 8.4%

10y growth 65.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Newark and Sherwood. Series: Detached. As of March 2026.

1y (index) 4.7%

5y (index) 17.8%

10y (index) 45%

Rental Range

Estimated market rent for Newark and Sherwood. Low = conservative, Realistic = average, Optimistic = best case.

Low £710/mo

Realistic £789/mo

Optimistic £868/mo

Based on Local Authority from postcode lookup → Newark and Sherwood.

LHA (30th percentile) floor for Grantham & Newark: £873/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View NG23 5RH

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Staythorpe Road	0.1 miles
Train station	Rolleston	1.3 miles
Train station	Fiskerton	1.9 miles
Shop	Fiskerton Village Store	2.1 miles
Shop	Smiths Caravans	2.3 miles
Hospital	Newark Hospital	3.0 miles
University	Nottingham Trent University - Brackenhurst Campus	3.6 miles
Hospital	Priory Hospital Arnold	10.4 miles

Street-level crime

Category	Count
Other theft	1
Total incidents	1

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
St Peter's Crosskeys CofE Academy	Primary	1.6 miles	Good — 18 Oct 2011
Christ Church C of E Primary School	Primary	2.5 miles	Good — 10 Nov 2022
Holy Trinity Catholic Voluntary Academy	Primary	2.5 miles	Good — 12 May 2024
Mount CofE Primary School	Primary	2.9 miles	Good — 18 Jan 2014
The King's Church of England Primary Academy	Primary	2.9 miles	Good — 15 Nov 2023

Rental Comparables

Loading rental comparables for this postcode. Refresh in a few minutes.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.2%

Max investor price (0.8%) £98,625

Target investor price (1%) £78,900

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).

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