Model valuation£417,0008 Busby Close
Local market context
5 Cormack Lane is a four-bedroom mid-terrace house in Fernwood, Newark, Newark (NG24 3GF). It has a recorded floor area of 109 m² (around 1173 sq ft), construction records dating it to 1996-2002 and council tax band C. Other recorded features include a balcony. The home occupies a cul-de-sac position. The latest certificate (November 2024) shows a C (score 70). The recommended improvements would push it to B (score 83).
Untraded for 19 years, with the last transfer in January 2008. That sale landed at the peak of the pre-credit-crunch market, which is a useful reference point when interpreting the price. Across 2002–2008, sale prices on this property compounded at 3.8% per year. Today's modelled estimate of £243,000 sits 55.8% above the 2008 sale of £156,000.
Certificate validity
Valid until 20 November 2034
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5 Cormack Lane has no planning applications on record.
But the area is active
6 notable applications nearby — larger schemes and conversions that could reshape the street. The report maps them all.
5 Cormack Lane saw 3 transfers in just over a decade — high turnover for the postcode.
£243,000
Modelled from EPC, postcode comparables and a sale-price growth of 3.8% per year over 5 years.
£156,000
Growth on file: 3.8% per year over 5 years.
11 January 2008Most recent
£156,000
-1.9%over 3 years20 June 2004
£159,000
+23.3%over 1 year20 December 2002
£129,000
Median price across the last 5 sales in NG24 3GF: £275,000 (2026–2021).
8 Cormack Lane, Fernwood, Newark, NG24 3GF
Sold Feb 2026
9 Cormack Lane, Fernwood, Newark, NG24 3GF
Sold Nov 2025
4 Cormack Lane, Fernwood, Newark, NG24 3GF
Sold Jan 2025
17 Cormack Lane, Fernwood, Newark, NG24 3GF
Sold Jan 2025
3 Cormack Lane, Fernwood, Newark, NG24 3GF
Sold Feb 2021
On years held, 5 Cormack Lane stands well clear of the street.
Price per m²
£1,431
Street avg £2,031
Floor Area
109 m²
Street avg 111 m²
Habitable Rooms
6 rooms
Street avg 6 rooms
CO₂ Emissions
3.8 t/year
Street avg 3.7 t/year
Property research, connected
Explore sale histories, valuations, energy ratings and local areas. Ask the assistant to connect the details and take your research further.
Start your researchNG24 3GD
NG24 3AE
NG24 3AY
NG24 3US
NG24 3HT
NG24 3AX
NG24 3TD
NG24 3QN
Crime
467/mo
Falling year-on-year across the wider district.
Nearest stop
0.1 km
Cormack Lane — bus stop.
Closest school
0.5 km
The Suthers School. 5 schools nearby.
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A Local Area report breaks down crime, transport links, schools and air quality in depth.

Daytime· 07:00 – 23:00
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Night-time· 23:00 – 07:00
44.5dB