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
121 ARNOLD LANE is a very large extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £267,000 in February 2023, which was around 26% below the average February 2023 detached price in the Gedling local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 121 ARNOLD LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Two of the three 121 ARNOLD LANE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2023 9 FEB | £267,000 | £358,575 | 26% below HPI |
2004 1 NOV | £230,000 | £200,509 | 15% above HPI |
2003 17 DEC | £160,000 | £177,352 | 10% below HPI |
The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 121 ARNOLD LANE sales between December 2003 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 November 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
121 ARNOLD LANE is 148m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 20% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 121 ARNOLD LANE lies on this distribution: 88% of detached houses are smaller than 121 ARNOLD LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Carlton.
121 ARNOLD LANE sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of 121 ARNOLD 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 121 ARNOLD 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.
121 ARNOLD LANE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 121 on ARNOLD LANE.