3, SURGEYS LANE, ARNOLD, NOTTINGHAM, NG5 8EP - £268,000

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

3 SURGEYS LANE is a very small detached house of 62m², built sometime between 1991 and 1995. It was last sold for £268,000 in January 2023, which was around 25% below the average January 2023 detached price in the Gedling local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

3 SURGEYS LANE Sold Prices

Land registry data shows three sales for 3 SURGEYS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 3 SURGEYS 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
2023 27 JAN	£268,000	£357,935	25% below HPI
2017 30 OCT	£174,000	£257,459	32% below HPI
1995 5 JUN	£67,000	£74,365	10% below HPI

3 SURGEYS 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 three 3 SURGEYS LANE sales between June 1995 and January 2023 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 October 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 SURGEYS LANE?

3 SURGEYS LANE is 62m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 3 SURGEYS LANE lies on this distribution: 3% of detached houses are smaller than 3 SURGEYS LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Arnold.

3 SURGEYS LANE: Plot and Title Map

3 SURGEYS LANE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 3 SURGEYS 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 SURGEYS 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 SURGEYS LANE?

3 SURGEYS LANE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 3 on SURGEYS LANE.