38, PARK LANE, PINXTON, NOTTINGHAM, NG16 6PT - £130,000

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

38 PARK LANE is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £130,000 in August 2017, which was around 26% below the average August 2017 detached price in the Bolsover local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

38 PARK LANE Sold Prices

Land registry data shows three sales for 38 PARK 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 Bolsover local authority area for the corresponding sale date. All of the three 38 PARK 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
2017 18 AUG	£130,000	£174,722	26% below HPI
2014 13 FEB	£95,000	£141,183	33% below HPI
2012 20 NOV	£80,000	£137,142	42% below HPI

38 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bolsover local authority area over time, sourced from the HPI. The three 38 PARK LANE sales between November 2012 and August 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 February 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2017 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 38 PARK LANE?

38 PARK LANE is 61m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of detached houses in Pinxton, based on EPC data. The below chart shows the distribution of detached houses by size in Pinxton, and where 38 PARK LANE lies on this distribution: 13% of detached houses are smaller than 38 PARK LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Pinxton.

38 PARK LANE: Plot and Title Map

38 PARK LANE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 38 PARK 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 38 PARK 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 38 PARK LANE?

38 PARK LANE is located in PINXTON, in the NG16 postcode district. The below map shows the position of No. 38 on PARK LANE.