1, MONKS LANE, GOTHAM, NOTTINGHAM, NG11 0JR - £388,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MONKS LANE is a very large extended detached house of 162m², built sometime before 1900, which could now be worth an estimated £549,926. It was last sold for £388,000 in July 2017, which was around 10% above the average July 2017 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

1 MONKS LANE Sold Prices

Land registry data shows four sales for 1 MONKS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Most of the four 1 MONKS 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
2017 21 JUL	£388,000	£352,944	10% above HPI
2009 27 NOV	£175,000	£261,753	33% below HPI
2001 2 FEB	£57,500	£145,398	60% below HPI
2000 31 MAY	£50,000	£134,696	63% below HPI

1 MONKS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The four 1 MONKS LANE sales between May 2000 and July 2017 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 November 2009 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2017 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 1 MONKS LANE be worth now?

1 MONKS LANE might now be worth an estimated £549,926.

This is based on house price inflation of 41.7%, between July 2017 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.7% inflationary increase is applied to the most recent sale price for 1 MONKS LANE of £388,000 on 21st July 2017. For the value to have increased from £388,000 to £549,926 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 1 MONKS LANE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The July 2017 sale price of £388,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MONKS LANE has not materially changed since July 2017.

How Large is 1 MONKS LANE?

1 MONKS LANE is 162m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses houses in Gotham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gotham, and where 1 MONKS LANE lies on this distribution: 83% of detached houses houses are smaller than 1 MONKS LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Gotham.

1 MONKS LANE: Plot and Title Map

1 MONKS LANE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 1 MONKS 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 MONKS 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 MONKS LANE?

1 MONKS LANE is located in GOTHAM, in the NG11 postcode district. The below map shows the position of No. 1 on MONKS LANE.