57, MONUMENT LANE, CODNOR PARK, NOTTINGHAM, NG16 5PJ - £415,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

57 MONUMENT LANE is a very large extended detached house of 157m², built sometime between 2003 and 2006. It was last sold for £415,000 in May 2022, which was around 38% above the average May 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

57 MONUMENT LANE Sold Prices

Land registry data shows four sales for 57 MONUMENT 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 Amber Valley local authority area for the corresponding sale date. Most of the four 57 MONUMENT 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
2022 30 MAY	£415,000	£301,538	38% above HPI
2015 19 JUN	£248,000	£208,932	19% above HPI
2002 23 AUG	£195,000	£115,299	69% above HPI
1999 24 MAY	£44,000	£72,666	39% below HPI

57 MONUMENT LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The four 57 MONUMENT LANE sales between May 1999 and May 2022 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 2015 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2022 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 57 MONUMENT LANE?

57 MONUMENT LANE is 157m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 20% of detached houses in Ironville, based on EPC data. The below chart shows the distribution of detached houses by size in Ironville, and where 57 MONUMENT LANE lies on this distribution: 86% of detached houses are smaller than 57 MONUMENT LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Ironville.

57 MONUMENT LANE: Plot and Title Map

57 MONUMENT LANE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 57 MONUMENT 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 57 MONUMENT 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 57 MONUMENT LANE?

57 MONUMENT LANE is located in CODNOR PARK, in the NG16 postcode district. The below map shows the position of No. 57 on MONUMENT LANE.