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
25 LODGE FARM LANE is a very large extended detached house of 171m², built sometime between 1983 and 1990. It was last sold for £450,000 in September 2022, which was around 25% above the average September 2022 detached price in the Gedling local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 25 LODGE FARM LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 25 LODGE FARM 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 |
---|---|---|---|
2022 2 SEP | £450,000 | £359,133 | 25% above HPI |
2013 26 JUL | £242,500 | £192,446 | 26% above HPI |
1999 29 JAN | £114,950 | £83,929 | 37% above HPI |
The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 25 LODGE FARM LANE sales between January 1999 and September 2022 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 July 2013 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2022 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.
25 LODGE FARM LANE is 171m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 25 LODGE FARM LANE lies on this distribution: 91% of detached houses are smaller than 25 LODGE FARM LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Arnold.
25 LODGE FARM LANE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 25 LODGE FARM 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 25 LODGE FARM 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.
25 LODGE FARM LANE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 25 on LODGE FARM LANE.