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Dry Doddington, Newark

East Midlands

£950,000
Listed on 11/03/2026

Property Details

Bedrooms
N/A
Type
Plot

Description

This property presents a compelling opportunity for developers and investors, featuring an expansive 2.05-acre site complete with Planning Permission secured for the demolition of existing agricultural barns to facilitate the construction of five new residential dwellings and an access road. The approved plans comprise two sizeable detached houses, one additional detached house, and two bungalows—each designed to capitalise on the site's elevated position and scenic countryside views. Further development possibilities may exist, pending additional planning approvals. The site is well-located within Dry Doddington, a quaint village in South Kesteven District, approximately 7 miles from Newark and 12 miles from Grantham. Accessibility to major transport routes, including the A1 trunk road and East Coast railway services, makes this a strategically advantageous investment. Included in this sale is the eastern half of the farmyard that holds potential for further development subject to planning consent. The careful consideration of existing services such as mains water, electricity, and drainage will be essential in realising its full potential. Moreover, an Overage Agreement will apply to parts of the property without planning permission, ensuring a level of financial protection for future development endeavors.

Investment Analysis

(NG23 area)
Area Average
£264/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£500,000 - £700,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
144%
Properties sold annually

Local Market Trend (NG23)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -7.8%
5 year growth: +13.0%
Investment Disclaimer: Analysis based on NG23 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Dry Doddington, Newark
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,426
Based on a loan of £712,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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