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

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

24 FLATTS LANE is a very large detached house of 173m², built sometime between 2003 and 2006. It was last sold for £359,000 in June 2021, which was around 16% 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	£310,171	16% above HPI
2017 12 MAY	£295,000	£245,509	20% above HPI
2006 21 APR	£240,000	£198,455	21% above HPI
2002 30 AUG	£50,000	£141,343	65% below HPI
1997 15 AUG	£40,000	£79,013	49% 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 16% above the HPI. The line then continues to track at 16% above the HPI.

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 in Calverton, based on EPC data. The below chart shows the distribution of detached houses by size in Calverton, and where 24 FLATTS LANE lies on this distribution: 95% of detached 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.