125, CORDY LANE, UNDERWOOD, NOTTINGHAM, NG16 5FD - £360,000

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.

125 CORDY LANE is a very large detached house of 148m², built sometime between 1983 and 1990, which could now be worth an estimated £566,342. It was last sold for £360,000 in January 2016, which was around 112% above the average January 2016 detached price in the Ashfield local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

125 CORDY LANE Sold Prices

Land registry data shows two sales for 125 CORDY 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 125 CORDY 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
2016 14 JAN	£360,000	£169,872	112% above HPI
1998 13 JUL	£135,000	£59,945	125% above HPI

125 CORDY 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 125 CORDY LANE sales from July 1998 and January 2016 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 July 1998 sale was for 125% above the HPI. So the extrapolation line tracks at 125% above the HPI over time, until the January 2016 sale, where it falls to 112% above the HPI. The line then continues to track at 112% above the HPI.

What might 125 CORDY LANE be worth now?

125 CORDY LANE might now be worth an estimated £566,342.

This is based on house price inflation of 57.3%, between January 2016 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 57.3% inflationary increase is applied to the most recent sale price for 125 CORDY LANE of £360,000 on 14th January 2016. For the value to have increased from £360,000 to £566,342 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 125 CORDY LANE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The January 2016 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 125 CORDY LANE has not materially changed since January 2016.

How Large is 125 CORDY LANE?

125 CORDY LANE is 148m² according to the EPC inspection conducted in October 2015. This puts it in the largest 20% of detached houses houses in Underwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Underwood, and where 125 CORDY LANE lies on this distribution: 81% of detached houses houses are smaller than 125 CORDY LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Underwood.

125 CORDY LANE: Plot and Title Map

125 CORDY LANE sits on a plot of roughly 0.486 of an acre, or 1,968m². The below map shows the location of 125 CORDY 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 125 CORDY 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 125 CORDY LANE?

125 CORDY LANE is located in UNDERWOOD, in the NG16 postcode district. The below map shows the position of No. 125 on CORDY LANE.