3, NOTTINGHAM LANE, IRONVILLE, NOTTINGHAM, NG16 5NW - £320,000

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 NOTTINGHAM LANE is a large detached house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £422,902. It was last sold for £320,000 in July 2020, which was around 24% above the average July 2020 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

3 NOTTINGHAM LANE Sold Prices

Land registry data shows four sales for 3 NOTTINGHAM 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 Amber Valley local authority area for the corresponding sale date. All of the four 3 NOTTINGHAM 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
2020 31 JUL	£320,000	£257,181	24% above HPI
2009 18 DEC	£242,000	£185,125	31% above HPI
2007 30 MAR	£267,000	£195,672	36% above HPI
2003 27 OCT	£186,000	£150,007	24% above HPI

3 NOTTINGHAM LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The four 3 NOTTINGHAM LANE sales between October 2003 and July 2020 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 December 2009 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the July 2020 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 3 NOTTINGHAM LANE be worth now?

3 NOTTINGHAM LANE might now be worth an estimated £422,902.

This is based on house price inflation of 32.2%, between July 2020 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.2% inflationary increase is applied to the most recent sale price for 3 NOTTINGHAM LANE of £320,000 on 31st July 2020. For the value to have increased from £320,000 to £422,902 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 3 NOTTINGHAM LANE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The July 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NOTTINGHAM LANE has not materially changed since July 2020.

How Large is 3 NOTTINGHAM LANE?

3 NOTTINGHAM LANE is 123m² according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses houses in Ironville, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ironville, and where 3 NOTTINGHAM LANE lies on this distribution: 71% of detached houses houses are smaller than 3 NOTTINGHAM LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Ironville.

3 NOTTINGHAM LANE: Plot and Title Map

3 NOTTINGHAM LANE sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of 3 NOTTINGHAM 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 NOTTINGHAM 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 NOTTINGHAM LANE?

3 NOTTINGHAM LANE is located in IRONVILLE, in the NG16 postcode district. The below map shows the position of No. 3 on NOTTINGHAM LANE.