Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
116 FLATTS LANE is a midsized extended detached house of 103m², built sometime between 2003 and 2006. It was last sold for £171,250 in October 2019, which was around 37% below the average October 2019 detached price in the Gedling local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 116 FLATTS LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Both of the two 116 FLATTS 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 |
---|---|---|---|
2019 11 OCT | £171,250 | £271,842 | 37% below HPI |
2007 29 JUN | £181,150 | £204,268 | 11% below HPI |
The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 116 FLATTS LANE sales from June 2007 and October 2019 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 June 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.
116 FLATTS LANE is 103m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses in Calverton, based on EPC data. The below chart shows the distribution of detached houses by size in Calverton, and where 116 FLATTS LANE lies on this distribution: 50% of detached houses are smaller than 116 FLATTS LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Calverton.
116 FLATTS LANE sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 116 FLATTS 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 116 FLATTS 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.
116 FLATTS LANE is located in CALVERTON, in the NG14 postcode district. The below map shows the position of No. 116 on FLATTS LANE.