11, RED LANE, BRINSLEY, NOTTINGHAM, NG16 5BW - £300,000

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

11 RED LANE is a very large detached house of 232m², built in 2021. It was last sold for £300,000 in April 2018, which was around 17% above the average April 2018 detached price in the Broxtowe local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

11 RED LANE Sold Prices

Land registry data shows two sales for 11 RED 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 Broxtowe local authority area for the corresponding sale date. Both of the two 11 RED LANE sales were for above 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
2018 16 APR	£300,000	£257,422	17% above HPI
2003 28 NOV	£310,000	£170,240	82% above HPI

11 RED LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 11 RED LANE sales from November 2003 and April 2018 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 2003 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the April 2018 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 11 RED LANE?

11 RED LANE is 232m² according to the EPC inspection conducted in April 2023. This puts it in the largest 10% of detached houses in Brinsley, based on EPC data. The below chart shows the distribution of detached houses by size in Brinsley, and where 11 RED LANE lies on this distribution: 99% of detached houses are smaller than 11 RED LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Brinsley.

11 RED LANE: Plot and Title Map

11 RED LANE sits on a plot of roughly 0.526 of an acre, or 2,127m². The below map shows the location of 11 RED 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 11 RED 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 11 RED LANE?

11 RED LANE is located in BRINSLEY, in the NG16 postcode district. The below map shows the position of No. 11 on RED LANE.