# 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 |
| Last sold | £390,000 Mar 2023 |

## 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)
- ![Photo](/listings/photos/130115273/693878)
- ![Photo](/listings/photos/130115273/693885)
- ![Photo](/listings/photos/130115273/693888)
- ![Photo](/listings/photos/130115273/693892)
- ![Photo](/listings/photos/130115273/693895)
- ![Photo](/listings/photos/130115273/693896)
- ![Photo](/listings/photos/130115273/693900)
- ![Photo](/listings/photos/130115273/693903)
- ![Photo](/listings/photos/130115273/693909)
- ![Photo](/listings/photos/130115273/693911)
- ![Photo](/listings/photos/130115273/693914)
- ![Photo](/listings/photos/130115273/693923)
- ![Photo](/listings/photos/130115273/693927)
- ![Photo](/listings/photos/130115273/693931)
- ![Photo](/listings/photos/130115273/693935)
- ![Photo](/listings/photos/130115273/693939)
- ![Photo](/listings/photos/130115273/693942)
- ![Photo](/listings/photos/130115273/693948)

## 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.*

## 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)