1B, SURGEYS LANE, ARNOLD, NOTTINGHAM, NG5 8EP - £270,000

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

1B SURGEYS LANE is a large extended detached house of 133m², built sometime between 1996 and 2002. It was last sold for £270,000 in September 2020, which was around 6% below the average September 2020 detached price in the Gedling local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

1B SURGEYS LANE Sold Prices

Land registry data shows three sales for 1B SURGEYS 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. One of the three 1B SURGEYS 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
2020 24 SEP	£270,000	£286,431	6% below HPI
2007 29 JUN	£212,500	£204,268	4% above HPI
2001 17 AUG	£120,000	£118,745	1% above HPI

1B SURGEYS 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 1B SURGEYS LANE sales between August 2001 and September 2020 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 June 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2020 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 1B SURGEYS LANE?

1B SURGEYS LANE is 133m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 30% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 1B SURGEYS LANE lies on this distribution: 73% of detached houses are smaller than 1B SURGEYS LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Arnold.

1B SURGEYS LANE: Plot and Title Map

1B SURGEYS LANE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 1B SURGEYS 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 1B SURGEYS 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 1B SURGEYS LANE?

1B SURGEYS LANE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 1B on SURGEYS LANE.