2, NORMANTON LANE, BOTTESFORD, NOTTINGHAM, NG13 0EL - £370,000

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.

2 NORMANTON LANE is a large detached house of 134m², built sometime between 1996 and 2002, which could now be worth an estimated £422,262. It was last sold for £370,000 in October 2020, which was around 6% above the average October 2020 detached price in the Melton local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

2 NORMANTON LANE Sold Prices

Land registry data shows three sales for 2 NORMANTON 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 Melton local authority area for the corresponding sale date. All of the three 2 NORMANTON 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
2020 13 OCT	£370,000	£350,118	6% above HPI
2004 7 MAY	£269,950	£213,541	26% above HPI
1997 21 MAR	£123,000	£83,860	47% above HPI

2 NORMANTON LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The three 2 NORMANTON LANE sales between March 1997 and October 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 May 2004 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2020 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 2 NORMANTON LANE be worth now?

2 NORMANTON LANE might now be worth an estimated £422,262.

This is based on house price inflation of 14.1%, between October 2020 and February 2025, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.1% inflationary increase is applied to the most recent sale price for 2 NORMANTON LANE of £370,000 on 13th October 2020. For the value to have increased from £370,000 to £422,262 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 NORMANTON LANE has moved in line with the HPI for detached houses in the Melton local authority area.
• The October 2020 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NORMANTON LANE has not materially changed since October 2020.

How Large is 2 NORMANTON LANE?

2 NORMANTON LANE is 134m² according to the EPC inspection conducted in June 2019. This puts it in the largest 30% of detached houses houses in Bottesford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bottesford, and where 2 NORMANTON LANE lies on this distribution: 71% of detached houses houses are smaller than 2 NORMANTON LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Bottesford.

2 NORMANTON LANE: Plot and Title Map

2 NORMANTON LANE sits on a plot of roughly 0.204 of an acre, or 824m². The below map shows the location of 2 NORMANTON 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 NORMANTON 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 NORMANTON LANE?

2 NORMANTON LANE is located in BOTTESFORD, in the NG13 postcode district. The below map shows the position of No. 2 on NORMANTON LANE.