121, COMMON LANE, HUCKNALL, NOTTINGHAM, NG15 6TF - £200,000

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.

121 COMMON LANE is a very small detached house of 63m², built sometime between 1976 and 1982, which could now be worth an estimated £219,067. It was last sold for £200,000 in November 2021, which was around 18% below the average November 2021 detached price in the Ashfield local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

121 COMMON LANE Sold Prices

Land registry data shows two sales for 121 COMMON 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 Ashfield local authority area for the corresponding sale date. Both of the two 121 COMMON 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
2021 12 NOV	£200,000	£243,978	18% below HPI
2012 23 MAR	£132,500	£139,605	5% below HPI

121 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 two 121 COMMON LANE sales from March 2012 and November 2021 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 March 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 121 COMMON LANE be worth now?

121 COMMON LANE might now be worth an estimated £219,067.

This is based on house price inflation of 9.5%, between November 2021 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 9.5% inflationary increase is applied to the most recent sale price for 121 COMMON LANE of £200,000 on 12th November 2021. For the value to have increased from £200,000 to £219,067 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 121 COMMON LANE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The November 2021 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 121 COMMON LANE has not materially changed since November 2021.

How Large is 121 COMMON LANE?

121 COMMON LANE is 63m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% 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 121 COMMON LANE lies on this distribution: 5% of detached houses houses are smaller than 121 COMMON LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Hucknall.

121 COMMON LANE: Plot and Title Map

121 COMMON LANE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 121 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 121 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 121 COMMON LANE?

121 COMMON LANE is located in HUCKNALL, in the NG15 postcode district. The below map shows the position of No. 121 on COMMON LANE.