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

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

333 SPRING LANE is a very large extended detached house of 231m², built sometime from 2007 onwards. It was last sold for £395,000 in May 2017, which was around 61% 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	£245,509	61% above HPI
2006 17 MAY	£160,000	£201,720	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 61% above the HPI. The line then continues to track at 61% above the HPI.

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 in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 333 SPRING LANE lies on this distribution: 98% of detached 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.