30, FOREST LANE, PAPPLEWICK, NOTTINGHAM, NG15 8FF - £325,000

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.

30 FOREST LANE is a small extended detached house of 121m², built sometime between 1930 and 1949, which could now be worth an estimated £387,597. It was last sold for £325,000 in September 2021, which was around 4% above the average September 2021 detached price in the Gedling local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was A.

30 FOREST LANE Sold Prices

Land registry data shows two sales for 30 FOREST 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. One of the two 30 FOREST LANE sales was for above the average price, whilst the other was 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 14 SEP	£325,000	£313,539	4% above HPI
2020 7 DEC	£286,000	£299,811	5% below HPI

30 FOREST 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 30 FOREST LANE sales from December 2020 and September 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 December 2020 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 30 FOREST LANE be worth now?

30 FOREST LANE might now be worth an estimated £387,597.

This is based on house price inflation of 19.3%, between September 2021 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 19.3% inflationary increase is applied to the most recent sale price for 30 FOREST LANE of £325,000 on 14th September 2021. For the value to have increased from £325,000 to £387,597 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 30 FOREST LANE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The September 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 30 FOREST LANE has not materially changed since September 2021.

How Large is 30 FOREST LANE?

30 FOREST LANE is 121m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses houses in Papplewick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Papplewick, and where 30 FOREST LANE lies on this distribution: 32% of detached houses houses are smaller than 30 FOREST LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Papplewick.

30 FOREST LANE: Plot and Title Map

30 FOREST LANE sits on a plot of roughly 0.268 of an acre, or 1,086m². The below map shows the location of 30 FOREST 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 30 FOREST 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 30 FOREST LANE?

30 FOREST LANE is located in PAPPLEWICK, in the NG15 postcode district. The below map shows the position of No. 30 on FOREST LANE.