120, COMMON LANE, HUCKNALL, NOTTINGHAM, NG15 6TG - £190,000

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.

120 COMMON LANE is a very small detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £261,075. It was last sold for £190,000 in May 2018, which was around 2% below the average May 2018 detached price in the Ashfield local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

120 COMMON LANE Sold Prices

Land registry data shows three sales for 120 COMMON LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. One of the three 120 COMMON LANE sales was for below the average price, whilst two 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 21 MAY	£190,000	£194,485	2% below HPI
2003 7 NOV	£139,999	£123,795	13% above HPI
2001 26 NOV	£93,950	£77,328	21% above HPI

120 COMMON 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 three 120 COMMON LANE sales between November 2001 and May 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 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 120 COMMON LANE be worth now?

120 COMMON LANE might now be worth an estimated £261,075.

This is based on house price inflation of 37.4%, between May 2018 and February 2025, for detached houses, in the Ashfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.4% inflationary increase is applied to the most recent sale price for 120 COMMON LANE of £190,000 on 21st May 2018. For the value to have increased from £190,000 to £261,075 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 120 COMMON LANE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The May 2018 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 120 COMMON LANE has not materially changed since May 2018.

How Large is 120 COMMON LANE?

120 COMMON LANE is 75m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses houses in Hucknall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hucknall, and where 120 COMMON LANE lies on this distribution: 12% of detached houses houses are smaller than 120 COMMON LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Hucknall.

120 COMMON LANE: Plot and Title Map

120 COMMON LANE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 120 COMMON 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 120 COMMON 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 120 COMMON LANE?

120 COMMON LANE is located in HUCKNALL, in the NG15 postcode district. The below map shows the position of No. 120 on COMMON LANE.