47A, CHURCH LANE, UNDERWOOD, NOTTINGHAM, NG16 5FR - £692,500

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.

47A CHURCH LANE is a very large extended detached house of 324m², built sometime between 1991 and 1995, which could now be worth an estimated £891,771. It was last sold for £692,500 in August 2019, which was around 240% above the average August 2019 detached price in the Ashfield local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

47A CHURCH LANE Sold Prices

Land registry data shows three sales for 47A CHURCH 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 Ashfield local authority area for the corresponding sale date. All of the three 47A CHURCH 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 5 AUG	£692,500	£203,700	240% above HPI
2009 30 JUN	£530,000	£139,226	281% above HPI
1996 6 DEC	£220,000	£55,539	296% above HPI

47A CHURCH 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 three 47A CHURCH LANE sales between December 1996 and August 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 June 2009 sale was for 281% above the HPI. So the extrapolation line tracks at 281% above the HPI over time, until the August 2019 sale, where it falls to 240% above the HPI. The line then continues to track at 240% above the HPI.

What might 47A CHURCH LANE be worth now?

47A CHURCH LANE might now be worth an estimated £891,771.

This is based on house price inflation of 28.8%, between August 2019 and March 2025, for detached houses, in the Ashfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.8% inflationary increase is applied to the most recent sale price for 47A CHURCH LANE of £692,500 on 5th August 2019. For the value to have increased from £692,500 to £891,771 over the six years and five months to March 2025, the following assumptions must hold true:

• The value of 47A CHURCH LANE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The August 2019 sale price of £692,500 represented a fair market value for the property.
• The size, condition, and specification of 47A CHURCH LANE has not materially changed since August 2019.

How Large is 47A CHURCH LANE?

47A CHURCH LANE is 324m², which includes three extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 10% of detached houses houses in Underwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Underwood, and where 47A CHURCH LANE lies on this distribution: More than 99% of detached houses houses are smaller than 47A CHURCH LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Underwood.

47A CHURCH LANE: Plot and Title Map

47A CHURCH LANE sits on a plot of roughly 0.429 of an acre, or 1,738m². The below map shows the location of 47A CHURCH 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 47A CHURCH 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 47A CHURCH LANE?

47A CHURCH LANE is located in UNDERWOOD, in the NG16 postcode district. The below map shows the position of No. 47A on CHURCH LANE.