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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

27 WOOD LANE is a very large extended detached house of 180m², built sometime between 1930 and 1949. 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	£227,072	109% above HPI
2011 25 NOV	£410,000	£187,806	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.

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 in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 27 WOOD LANE lies on this distribution: 96% of detached 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.