34, FOREST LANE, PAPPLEWICK, NOTTINGHAM, NG15 8FF - £835,000

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

34 FOREST LANE is a very large extended detached house of 376m², built sometime between 2007 and 2011. It was last sold for £835,000 in May 2022, which was around 149% above the average May 2022 detached price in the Gedling local authority area. The most recent EPC inspection was February 2022, where the current energy rating was B, and the potential energy rating was B.

34 FOREST LANE Sold Prices

Land registry data shows two sales for 34 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. Both of the two 34 FOREST LANE sales were for above 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
2022 20 MAY	£835,000	£335,963	149% above HPI
2012 26 APR	£496,000	£184,399	169% above HPI

34 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 34 FOREST LANE sales from April 2012 and May 2022 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 April 2012 sale was for 169% above the HPI. So the extrapolation line tracks at 169% above the HPI over time, until the May 2022 sale, where it falls to 149% above the HPI. The line then continues to track at 149% above the HPI.

How Large is 34 FOREST LANE?

34 FOREST LANE is 376m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 10% of detached houses in Papplewick, based on EPC data. The below chart shows the distribution of detached houses by size in Papplewick, and where 34 FOREST LANE lies on this distribution: 98% of detached houses are smaller than 34 FOREST LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Papplewick.

34 FOREST LANE: Plot and Title Map

34 FOREST LANE sits on a plot of roughly 0.291 of an acre, or 1,179m². The below map shows the location of 34 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 34 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 34 FOREST LANE?

34 FOREST LANE is located in PAPPLEWICK, in the NG15 postcode district. The below map shows the position of No. 34 on FOREST LANE.