2, LODGE FARM LANE, ARNOLD, NOTTINGHAM, NG5 8HR - £197,000

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

2 LODGE FARM LANE is a very small extended detached house of 73m², built sometime between 1930 and 1949. It was last sold for £197,000 in September 2019, which was around 27% below the average September 2019 detached price in the Gedling local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was B.

2 LODGE FARM LANE Sold Prices

Land registry data shows two sales for 2 LODGE FARM 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 Gedling local authority area for the corresponding sale date. Both of the two 2 LODGE FARM 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
2019 5 SEP	£197,000	£271,151	27% below HPI
2018 7 AUG	£173,000	£262,685	34% below HPI

2 LODGE FARM 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 two 2 LODGE FARM LANE sales from August 2018 and September 2019 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 August 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2019 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 LODGE FARM LANE?

2 LODGE FARM LANE is 73m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 2 LODGE FARM LANE lies on this distribution: 10% of detached houses are smaller than 2 LODGE FARM LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Arnold.

2 LODGE FARM LANE: Plot and Title Map

2 LODGE FARM LANE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 2 LODGE FARM 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 2 LODGE FARM 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 2 LODGE FARM LANE?

2 LODGE FARM LANE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 2 on LODGE FARM LANE.