24, FLATTS LANE, CALVERTON, NOTTINGHAM, NG14 6JZ - £359,000

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.

24 FLATTS LANE is a very large detached house of 173m², built sometime between 2003 and 2006, which could now be worth an estimated £431,531. It was last sold for £359,000 in June 2021, which was around 15% above the average June 2021 detached price in the Gedling local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

24 FLATTS LANE Sold Prices

Land registry data shows five sales for 24 FLATTS 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 Gedling local authority area for the corresponding sale date. Most of the five 24 FLATTS 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
2021 3 JUN	£359,000	£311,080	15% above HPI
2017 12 MAY	£295,000	£246,229	20% above HPI
2006 21 APR	£240,000	£199,037	21% above HPI
2002 30 AUG	£50,000	£141,757	65% below HPI
1997 15 AUG	£40,000	£79,245	50% below HPI

24 FLATTS 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 five 24 FLATTS LANE sales between August 1997 and June 2021 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 2017 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 24 FLATTS LANE be worth now?

24 FLATTS LANE might now be worth an estimated £431,531.

This is based on house price inflation of 20.2%, between June 2021 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.2% inflationary increase is applied to the most recent sale price for 24 FLATTS LANE of £359,000 on 3rd June 2021. For the value to have increased from £359,000 to £431,531 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 24 FLATTS LANE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The June 2021 sale price of £359,000 represented a fair market value for the property.
• The size, condition, and specification of 24 FLATTS LANE has not materially changed since June 2021.

How Large is 24 FLATTS LANE?

24 FLATTS LANE is 173m² according to the EPC inspection conducted in April 2010. This puts it in the largest 10% of detached houses houses in Calverton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Calverton, and where 24 FLATTS LANE lies on this distribution: 95% of detached houses houses are smaller than 24 FLATTS LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Calverton.

24 FLATTS LANE: Plot and Title Map

24 FLATTS LANE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 24 FLATTS 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 24 FLATTS 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 24 FLATTS LANE?

24 FLATTS LANE is located in CALVERTON, in the NG14 postcode district. The below map shows the position of No. 24 on FLATTS LANE.