333, SPRING LANE, MAPPERLEY, NOTTINGHAM, NG3 5RR - £395,000

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.

333 SPRING LANE is a very large extended detached house of 231m², built sometime from 2007 onwards, which could now be worth an estimated £599,856. It was last sold for £395,000 in May 2017, which was around 60% above the average May 2017 detached price in the Gedling local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

333 SPRING LANE Sold Prices

Land registry data shows two sales for 333 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 333 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
2017 26 MAY	£395,000	£246,229	60% above HPI
2006 17 MAY	£160,000	£202,312	21% below HPI

333 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 333 SPRING LANE sales from May 2006 and May 2017 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 May 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2017 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 333 SPRING LANE be worth now?

333 SPRING LANE might now be worth an estimated £599,856.

This is based on house price inflation of 51.9%, between May 2017 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 51.9% inflationary increase is applied to the most recent sale price for 333 SPRING LANE of £395,000 on 26th May 2017. For the value to have increased from £395,000 to £599,856 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 333 SPRING LANE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The May 2017 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 333 SPRING LANE has not materially changed since May 2017.

How Large is 333 SPRING LANE?

333 SPRING LANE is 231m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 10% of detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 333 SPRING LANE lies on this distribution: 98% of detached houses houses are smaller than 333 SPRING LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Arnold.

333 SPRING LANE: Plot and Title Map

333 SPRING LANE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 333 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 333 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 333 SPRING LANE?

333 SPRING LANE is located in MAPPERLEY, in the NG3 postcode district. The below map shows the position of No. 333 on SPRING LANE.