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
3 NORMANTON LANE is a small extended detached house of 97m², built sometime between 1950 and 1966. It was last sold for £355,555 in December 2021, which was around 21% below the average December 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 3 NORMANTON LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the three 3 NORMANTON LANE sales were for below 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 1 DEC | £355,555 | £451,122 | 21% below HPI |
2019 4 JUL | £290,000 | £382,803 | 24% below HPI |
2011 24 MAR | £165,000 | £267,958 | 38% below HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 3 NORMANTON LANE sales between March 2011 and December 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 July 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
3 NORMANTON LANE is 97m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses in Keyworth, based on EPC data. The below chart shows the distribution of detached houses by size in Keyworth, and where 3 NORMANTON LANE lies on this distribution: 38% of detached houses are smaller than 3 NORMANTON LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Keyworth.
3 NORMANTON LANE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 3 NORMANTON 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 NORMANTON 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.
3 NORMANTON LANE is located in KEYWORTH, in the NG12 postcode district. The below map shows the position of No. 3 on NORMANTON LANE.