365, SPRING LANE, MAPPERLEY, NOTTINGHAM, NG3 5RR - £405,000

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

365 SPRING LANE is a very large detached house of 190m², built sometime between 1991 and 1995. It was last sold for £405,000 in November 2020, which was around 39% above the average November 2020 detached price in the Gedling local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

365 SPRING LANE Sold Prices

Land registry data shows three sales for 365 SPRING LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 365 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
2020 6 NOV	£405,000	£291,046	39% above HPI
2001 12 JUL	£149,950	£116,321	29% above HPI
1996 18 OCT	£93,950	£76,827	22% above HPI

365 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 three 365 SPRING LANE sales between October 1996 and November 2020 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 July 2001 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2020 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 365 SPRING LANE?

365 SPRING LANE is 190m² according to the EPC inspection conducted in September 2010. 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 365 SPRING LANE lies on this distribution: 94% of detached houses are smaller than 365 SPRING LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Arnold.

365 SPRING LANE: Plot and Title Map

365 SPRING LANE sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 365 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 365 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 365 SPRING LANE?

365 SPRING LANE is located in MAPPERLEY, in the NG3 postcode district. The below map shows the position of No. 365 on SPRING LANE.