2, OLD SCHOOL LANE, AWSWORTH, NOTTINGHAM, NG16 2WX - £647,000

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

2 OLD SCHOOL LANE is a very large extended detached house of 384m², built sometime between 1996 and 2002. It was last sold for £647,000 in February 2010, which was around 243% above the average February 2010 detached price in the Broxtowe local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

2 OLD SCHOOL LANE Sold Prices

Land registry data shows two sales for 2 OLD SCHOOL 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 Broxtowe local authority area for the corresponding sale date. One of the two 2 OLD SCHOOL LANE sales was for above the average price, whilst the other was 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
2010 15 FEB	£647,000	£188,732	243% above HPI
2005 19 DEC	£92,000	£189,799	52% below HPI

2 OLD SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 2 OLD SCHOOL LANE sales from December 2005 and February 2010 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 2005 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the February 2010 sale, where it rises to 243% above the HPI. The line then continues to track at 243% above the HPI.

How Large is 2 OLD SCHOOL LANE?

2 OLD SCHOOL LANE is 384m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the largest 10% of detached houses in Awsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Awsworth, and where 2 OLD SCHOOL LANE lies on this distribution: More than 99% of detached houses are smaller than 2 OLD SCHOOL LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Awsworth.

2 OLD SCHOOL LANE: Plot and Title Map

2 OLD SCHOOL LANE sits on a plot of roughly 0.431 of an acre, or 1,743m². The below map shows the location of 2 OLD SCHOOL 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 OLD SCHOOL 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 OLD SCHOOL LANE?

2 OLD SCHOOL LANE is located in AWSWORTH, in the NG16 postcode district. The below map shows the position of No. 2 on OLD SCHOOL LANE.