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 WILLOW LANE is a very large extended detached house of 310m², built sometime between 1930 and 1949. It was last sold for £475,000 in June 2019, which was around 78% above the average June 2019 detached price in the Gedling local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 2 WILLOW LANE since 1st 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 WILLOW 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 |
---|---|---|---|
2019 27 JUN | £475,000 | £266,861 | 78% above HPI |
2015 18 NOV | £331,000 | £224,604 | 47% above HPI |
The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 2 WILLOW LANE sales from November 2015 and June 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 November 2015 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the June 2019 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.
2 WILLOW LANE is 310m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the largest 10% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 2 WILLOW LANE lies on this distribution: More than 99% of detached houses are smaller than 2 WILLOW LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Carlton.
2 WILLOW LANE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 2 WILLOW 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 WILLOW 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.
2 WILLOW LANE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 2 on WILLOW LANE.