3, GREENS FARM LANE, GEDLING, NOTTINGHAM, NG4 4AY - £385,000

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.

3 GREENS FARM LANE is a large detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £432,667. It was last sold for £385,000 in March 2022, which was around 16% above the average March 2022 detached price in the Gedling local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

3 GREENS FARM LANE Sold Prices

Land registry data shows four sales for 3 GREENS FARM LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the four 3 GREENS 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 28 MAR	£385,000	£332,733	16% above HPI
2006 30 AUG	£218,000	£201,400	8% above HPI
2001 25 MAY	£124,950	£107,836	16% above HPI
2000 15 SEP	£119,000	£100,483	18% above HPI

3 GREENS FARM 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 four 3 GREENS FARM LANE sales between September 2000 and March 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 August 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 3 GREENS FARM LANE be worth now?

3 GREENS FARM LANE might now be worth an estimated £432,667.

This is based on house price inflation of 12.4%, between March 2022 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 12.4% inflationary increase is applied to the most recent sale price for 3 GREENS FARM LANE of £385,000 on 28th March 2022. For the value to have increased from £385,000 to £432,667 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 3 GREENS FARM LANE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The March 2022 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GREENS FARM LANE has not materially changed since March 2022.

How Large is 3 GREENS FARM LANE?

3 GREENS FARM LANE is 112m² according to the EPC inspection conducted in July 2021. This puts it in the largest 40% 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 3 GREENS FARM LANE lies on this distribution: 64% of detached houses houses are smaller than 3 GREENS FARM LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Carlton.

3 GREENS FARM LANE: Plot and Title Map

3 GREENS FARM LANE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 3 GREENS 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 3 GREENS 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.

Where is 3 GREENS FARM LANE?

3 GREENS FARM LANE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 3 on GREENS FARM LANE.