40A, JESSOPS LANE, GEDLING, NOTTINGHAM, NG4 4BQ - £499,990

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.

40A JESSOPS LANE is a very large extended detached house of 221m², built sometime between 1950 and 1966, which could now be worth an estimated £915,339. It was last sold for £499,990 in September 2006, which was around 145% above the average September 2006 detached price in the Gedling local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

40A JESSOPS LANE Sold Prices

Land registry data shows three sales for 40A JESSOPS 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 40A JESSOPS 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
2006 22 SEP	£499,990	£204,253	145% above HPI
2002 2 MAY	£249,950	£131,763	90% above HPI
1999 29 JAN	£185,000	£84,175	120% above HPI

40A JESSOPS 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 40A JESSOPS LANE sales between January 1999 and September 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 May 2002 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the September 2006 sale, where it rises to 145% above the HPI. The line then continues to track at 145% above the HPI.

What might 40A JESSOPS LANE be worth now?

40A JESSOPS LANE might now be worth an estimated £915,339.

This is based on house price inflation of 83.1%, between September 2006 and February 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 83.1% inflationary increase is applied to the most recent sale price for 40A JESSOPS LANE of £499,990 on 22nd September 2006. For the value to have increased from £499,990 to £915,339 over the nineteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 40A JESSOPS LANE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The September 2006 sale price of £499,990 represented a fair market value for the property.
• The size, condition, and specification of 40A JESSOPS LANE has not materially changed since September 2006.

How Large is 40A JESSOPS LANE?

40A JESSOPS LANE is 221m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 10% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 40A JESSOPS LANE lies on this distribution: 99% of detached houses houses are smaller than 40A JESSOPS LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Carlton.

40A JESSOPS LANE: Plot and Title Map

40A JESSOPS LANE sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 40A JESSOPS 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 40A JESSOPS 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 40A JESSOPS LANE?

40A JESSOPS LANE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 40A on JESSOPS LANE.