23, OLD CHAPEL LANE, UNDERWOOD, NOTTINGHAM, NG16 5ET - £147,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

23 OLD CHAPEL LANE is a small semi-detached house of 83m², built sometime between 1996 and 2002. It was last sold for £147,500 in July 2019, which was around 28% below the average July 2019 detached price in the Ashfield local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

23 OLD CHAPEL LANE Sold Prices

Land registry data shows five sales for 23 OLD CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. All of the five 23 OLD CHAPEL 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 31 JUL	£147,500	£204,525	28% below HPI
2017 18 OCT	£92,625	£192,588	52% below HPI
2006 7 SEP	£27,500	£157,035	82% below HPI
2002 8 NOV	£16,000	£101,698	84% below HPI
2000 8 AUG	£13,500	£68,785	80% below HPI

23 OLD CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The five 23 OLD CHAPEL LANE sales between August 2000 and July 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 October 2017 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the July 2019 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 23 OLD CHAPEL LANE?

23 OLD CHAPEL LANE is 83m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 40% of detached houses in Underwood, based on EPC data. The below chart shows the distribution of detached houses by size in Underwood, and where 23 OLD CHAPEL LANE lies on this distribution: 32% of detached houses are smaller than 23 OLD CHAPEL LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Underwood.

23 OLD CHAPEL LANE: Plot and Title Map

23 OLD CHAPEL LANE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 23 OLD CHAPEL 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 23 OLD CHAPEL 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 23 OLD CHAPEL LANE?

23 OLD CHAPEL LANE is located in UNDERWOOD, in the NG16 postcode district. The below map shows the position of No. 23 on OLD CHAPEL LANE.