3, ROES LANE, CALVERTON, NOTTINGHAM, NG14 6GS - £124,000

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 ROES LANE is a very small detached house of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £244,502. It was last sold for £124,000 in February 2011, which was around 35% below the average February 2011 detached price in the Gedling local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

3 ROES LANE Sold Prices

Land registry data shows two sales for 3 ROES 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 3 ROES 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
2011 18 FEB	£124,000	£189,639	35% below HPI
2002 17 JUL	£118,000	£140,945	16% below HPI

3 ROES 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 3 ROES LANE sales from July 2002 and February 2011 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 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2011 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 3 ROES LANE be worth now?

3 ROES LANE might now be worth an estimated £244,502.

This is based on house price inflation of 97.2%, between February 2011 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 97.2% inflationary increase is applied to the most recent sale price for 3 ROES LANE of £124,000 on 18th February 2011. For the value to have increased from £124,000 to £244,502 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 3 ROES LANE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The February 2011 sale price of £124,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ROES LANE has not materially changed since February 2011.

How Large is 3 ROES LANE?

3 ROES LANE is 55m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% of detached houses houses in Calverton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Calverton, and where 3 ROES LANE lies on this distribution: 2% of detached houses houses are smaller than 3 ROES LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Calverton.

3 ROES LANE: Plot and Title Map

3 ROES LANE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 3 ROES 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 ROES 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 ROES LANE?

3 ROES LANE is located in CALVERTON, in the NG14 postcode district. The below map shows the position of No. 3 on ROES LANE.