18, FOREST LANE, PAPPLEWICK, NOTTINGHAM, NG15 8FF - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 FOREST LANE is a midsized extended detached house of 132m², built sometime between 1930 and 1949. It was last sold for £250,000 in November 2011, which was around 33% above the average November 2011 detached price in the Gedling local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

18 FOREST LANE Sold Prices

Land registry data shows three sales for 18 FOREST 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 Gedling local authority area for the corresponding sale date. All of the three 18 FOREST 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
2011 11 NOV	£250,000	£187,806	33% above HPI
1998 18 DEC	£119,950	£84,153	43% above HPI
1995 11 AUG	£75,500	£74,738	1% above HPI

18 FOREST LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 18 FOREST LANE sales between August 1995 and November 2011 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 December 1998 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the November 2011 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 18 FOREST LANE?

18 FOREST LANE is 132m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 50% of detached houses in Papplewick, based on EPC data. The below chart shows the distribution of detached houses by size in Papplewick, and where 18 FOREST LANE lies on this distribution: 43% of detached houses are smaller than 18 FOREST LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Papplewick.

18 FOREST LANE: Plot and Title Map

18 FOREST LANE sits on a plot of roughly 0.303 of an acre, or 1,227m². The below map shows the location of 18 FOREST 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 18 FOREST 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 18 FOREST LANE?

18 FOREST LANE is located in PAPPLEWICK, in the NG15 postcode district. The below map shows the position of No. 18 on FOREST LANE.