43, OLD CHAPEL LANE, UNDERWOOD, NOTTINGHAM, NG16 5ET - £334,500

43 OLD CHAPEL LANE is a midsized detached house of 108m², built sometime between 1983 and 1990. It was last sold for £334,500 in July 2019, which was around 64% above the average July 2019 detached price in the Ashfield local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

43 OLD CHAPEL LANE Sold Prices

Land registry data shows four sales for 43 OLD CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. All of the four 43 OLD CHAPEL 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
2019 19 JUL	£334,500	£204,525	64% above HPI
2004 29 NOV	£249,950	£147,743	69% above HPI
2004 15 JUL	£240,000	£142,354	69% above HPI
1999 1 APR	£125,000	£60,201	108% above HPI

43 OLD CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The four 43 OLD CHAPEL LANE sales between April 1999 and July 2019 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 2004 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the July 2019 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is 43 OLD CHAPEL LANE?

43 OLD CHAPEL LANE is 108m² according to the EPC inspection conducted in April 2019. This puts it in the largest 50% of detached houses in Underwood, based on EPC data. The below chart shows the distribution of detached houses by size in Underwood, and where 43 OLD CHAPEL LANE lies on this distribution: 55% of detached houses are smaller than 43 OLD CHAPEL LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Underwood.

43 OLD CHAPEL LANE: Plot and Title Map

43 OLD CHAPEL LANE sits on a plot of roughly 0.189 of an acre, or 764m². The below map shows the location of 43 OLD CHAPEL 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 43 OLD CHAPEL 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 43 OLD CHAPEL LANE?

43 OLD CHAPEL LANE is located in UNDERWOOD, in the NG16 postcode district. The below map shows the position of No. 43 on OLD CHAPEL LANE.