372, SPRING LANE, MAPPERLEY, NOTTINGHAM, NG3 5RQ - £258,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

372 SPRING LANE is a very small extended detached house of 69m², built sometime between 1930 and 1949. It was last sold for £258,000 in September 2010, which was around 35% above the average September 2010 detached price in the Gedling local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

372 SPRING LANE Sold Prices

Land registry data shows two sales for 372 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 372 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
2010 3 SEP	£258,000	£191,280	35% above HPI
2003 21 NOV	£205,000	£176,882	16% above HPI

372 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 372 SPRING LANE sales from November 2003 and September 2010 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 November 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2010 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 372 SPRING LANE?

372 SPRING LANE is 69m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the smallest 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 372 SPRING LANE lies on this distribution: 7% of detached houses are smaller than 372 SPRING LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Arnold.

372 SPRING LANE: Plot and Title Map

372 SPRING LANE sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of 372 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 372 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 372 SPRING LANE?

372 SPRING LANE is located in MAPPERLEY, in the NG3 postcode district. The below map shows the position of No. 372 on SPRING LANE.