22, FOREST LANE, PAPPLEWICK, NOTTINGHAM, NG15 8FF - £480,000

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

22 FOREST LANE is a midsized extended detached house of 140m², built sometime between 1900 and 1929. It was last sold for £480,000 in September 2019, which was around 77% above the average September 2019 detached price in the Gedling local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

22 FOREST LANE Sold Prices

Land registry data shows two sales for 22 FOREST 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 22 FOREST 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 6 SEP	£480,000	£271,151	77% above HPI
2002 8 MAR	£250,000	£128,633	94% above HPI

22 FOREST 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 22 FOREST LANE sales from March 2002 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 March 2002 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the September 2019 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is 22 FOREST LANE?

22 FOREST LANE is 140m², which includes three extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 50% of detached houses in Papplewick, based on EPC data. The below chart shows the distribution of detached houses by size in Papplewick, and where 22 FOREST LANE lies on this distribution: 51% of detached houses are smaller than 22 FOREST LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Papplewick.

22 FOREST LANE: Plot and Title Map

22 FOREST LANE sits on a plot of roughly 0.330 of an acre, or 1,335m². The below map shows the location of 22 FOREST 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 22 FOREST 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 22 FOREST LANE?

22 FOREST LANE is located in PAPPLEWICK, in the NG15 postcode district. The below map shows the position of No. 22 on FOREST LANE.