346, SPRING LANE, MAPPERLEY, NOTTINGHAM, NG3 5RQ - £175,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

346 SPRING LANE is a small extended semi-detached house of 87m², built sometime between 1930 and 1949. It was last sold for £175,000 in April 2006, which was around 12% below the average April 2006 detached price in the Gedling local authority area. The most recent EPC inspection was December 2024, where the current energy rating was D, and the potential energy rating was B.

346 SPRING LANE Sold Prices

Land registry data shows two sales for 346 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. Both of the two 346 SPRING LANE sales were 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
2006 12 APR	£175,000	£198,455	12% below HPI
2000 6 MAR	£84,000	£91,658	8% below HPI

346 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 346 SPRING LANE sales from March 2000 and April 2006 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 March 2000 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2006 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 346 SPRING LANE?

346 SPRING LANE is 87m², which includes one extension, according to the EPC inspection conducted in December 2024. This puts it in the smallest 30% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 346 SPRING LANE lies on this distribution: 22% of detached houses are smaller than 346 SPRING LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Arnold.

346 SPRING LANE: Plot and Title Map

346 SPRING LANE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 346 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 346 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 346 SPRING LANE?

346 SPRING LANE is located in MAPPERLEY, in the NG3 postcode district. The below map shows the position of No. 346 on SPRING LANE.