330, SPRING LANE, MAPPERLEY, NOTTINGHAM, NG3 5RQ - £195,000

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

330 SPRING LANE is a very large extended detached house of 163m², built sometime between 1967 and 1975. It was last sold for £195,000 in July 2001, which was around 68% above the average July 2001 detached price in the Gedling local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

330 SPRING LANE Sold Prices

Land registry data shows two sales for 330 SPRING 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 330 SPRING 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
2001 2 JUL	£195,000	£116,321	68% above HPI
1996 12 FEB	£60,000	£73,488	18% below HPI

330 SPRING 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 330 SPRING LANE sales from February 1996 and July 2001 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 February 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2001 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 330 SPRING LANE?

330 SPRING LANE is 163m², which includes two extensions, according to the EPC inspection conducted in October 2011. This puts it in the largest 20% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 330 SPRING LANE lies on this distribution: 88% of detached houses are smaller than 330 SPRING LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Arnold.

330 SPRING LANE: Plot and Title Map

330 SPRING LANE sits on a plot of roughly 0.462 of an acre, or 1,869m². The below map shows the location of 330 SPRING 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 330 SPRING 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 330 SPRING LANE?

330 SPRING LANE is located in MAPPERLEY, in the NG3 postcode district. The below map shows the position of No. 330 on SPRING LANE.