1, FARLEYS LANE, HUCKNALL, NOTTINGHAM, NG15 6DY - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 FARLEYS LANE is a very small extended detached house of 75m², built sometime between 1930 and 1949. It was last sold for £220,000 in February 2023, which was around 18% below the average February 2023 detached price in the Ashfield local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

1 FARLEYS LANE Sold Prices

Land registry data shows two sales for 1 FARLEYS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. Both of the two 1 FARLEYS LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 24 FEB	£220,000	£267,136	18% below HPI
2018 16 MAR	£153,500	£193,851	21% below HPI

1 FARLEYS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The two 1 FARLEYS LANE sales from March 2018 and February 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1 FARLEYS LANE?

1 FARLEYS LANE is 75m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses in Hucknall, based on EPC data. The below chart shows the distribution of detached houses by size in Hucknall, and where 1 FARLEYS LANE lies on this distribution: 12% of detached houses are smaller than 1 FARLEYS LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Hucknall.

1 FARLEYS LANE: Plot and Title Map

1 FARLEYS LANE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 1 FARLEYS LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 FARLEYS LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 FARLEYS LANE?

1 FARLEYS LANE is located in HUCKNALL, in the NG15 postcode district. The below map shows the position of No. 1 on FARLEYS LANE.