357, SPRING LANE, MAPPERLEY, NOTTINGHAM, NG3 5RR - £315,000

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.

357 SPRING LANE is a large detached house of 129m², built sometime between 2003 and 2006, which could now be worth an estimated £502,865. It was last sold for £315,000 in March 2017, which was around 34% above the average March 2017 detached price in the Gedling local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

357 SPRING LANE Sold Prices

Land registry data shows two sales for 357 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 357 SPRING 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
2017 17 MAR	£315,000	£234,594	34% above HPI
2007 27 APR	£300,000	£203,287	48% above HPI

357 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 357 SPRING LANE sales from April 2007 and March 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 April 2007 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the March 2017 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 357 SPRING LANE be worth now?

357 SPRING LANE might now be worth an estimated £502,865.

This is based on house price inflation of 59.6%, between March 2017 and March 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 59.6% inflationary increase is applied to the most recent sale price for 357 SPRING LANE of £315,000 on 17th March 2017. For the value to have increased from £315,000 to £502,865 over the eight years to March 2025, the following assumptions must hold true:

• The value of 357 SPRING LANE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The March 2017 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 357 SPRING LANE has not materially changed since March 2017.

How Large is 357 SPRING LANE?

357 SPRING LANE is 129m² according to the EPC inspection conducted in August 2010. This puts it in the largest 40% 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 357 SPRING LANE lies on this distribution: 69% of detached houses houses are smaller than 357 SPRING LANE, and 31% of houses are larger. Note that EPC data is not available for all properties in Arnold.

357 SPRING LANE: Plot and Title Map

357 SPRING LANE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 357 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 357 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 357 SPRING LANE?

357 SPRING LANE is located in MAPPERLEY, in the NG3 postcode district. The below map shows the position of No. 357 on SPRING LANE.