27, WOOD LANE, GEDLING, NOTTINGHAM, NG4 4AD - £475,000

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.

27 WOOD LANE is a very large extended detached house of 180m², built sometime between 1930 and 1949, which could now be worth an estimated £779,915. It was last sold for £475,000 in February 2016, which was around 109% above the average February 2016 detached price in the Gedling local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

27 WOOD LANE Sold Prices

Land registry data shows two sales for 27 WOOD 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 27 WOOD 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
2016 26 FEB	£475,000	£227,738	109% above HPI
2011 25 NOV	£410,000	£188,357	118% above HPI

27 WOOD 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 27 WOOD LANE sales from November 2011 and February 2016 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 November 2011 sale was for 118% above the HPI. So the extrapolation line tracks at 118% above the HPI over time, until the February 2016 sale, where it falls to 109% above the HPI. The line then continues to track at 109% above the HPI.

What might 27 WOOD LANE be worth now?

27 WOOD LANE might now be worth an estimated £779,915.

This is based on house price inflation of 64.2%, between February 2016 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 64.2% inflationary increase is applied to the most recent sale price for 27 WOOD LANE of £475,000 on 26th February 2016. For the value to have increased from £475,000 to £779,915 over the nine years to February 2025, the following assumptions must hold true:

• The value of 27 WOOD LANE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The February 2016 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 27 WOOD LANE has not materially changed since February 2016.

How Large is 27 WOOD LANE?

27 WOOD LANE is 180m², which includes two extensions, according to the EPC inspection conducted in October 2010. This puts it in the largest 10% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 27 WOOD LANE lies on this distribution: 96% of detached houses houses are smaller than 27 WOOD LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Carlton.

27 WOOD LANE: Plot and Title Map

27 WOOD LANE sits on a plot of roughly 0.281 of an acre, or 1,136m². The below map shows the location of 27 WOOD 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 27 WOOD 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 27 WOOD LANE?

27 WOOD LANE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 27 on WOOD LANE.