74, MONUMENT LANE, CODNOR PARK, NOTTINGHAM, NG16 5PJ - £155,000

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

74 MONUMENT LANE is a large detached house of 111m², built sometime between 1983 and 1990. It was last sold for £155,000 in October 2012, which was around 18% below the average October 2012 detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

74 MONUMENT LANE Sold Prices

Land registry data shows two sales for 74 MONUMENT LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 74 MONUMENT 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
2012 26 OCT	£155,000	£188,116	18% below HPI
1997 5 AUG	£67,500	£69,502	3% below HPI

74 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 two 74 MONUMENT LANE sales from August 1997 and October 2012 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 August 1997 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2012 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 74 MONUMENT LANE?

74 MONUMENT LANE is 111m² according to the EPC inspection conducted in October 2011. This puts it in the largest 40% of detached houses in Ironville, based on EPC data. The below chart shows the distribution of detached houses by size in Ironville, and where 74 MONUMENT LANE lies on this distribution: 62% of detached houses are smaller than 74 MONUMENT LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Ironville.

74 MONUMENT LANE: Plot and Title Map

74 MONUMENT LANE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 74 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 74 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 74 MONUMENT LANE?

74 MONUMENT LANE is located in CODNOR PARK, in the NG16 postcode district. The below map shows the position of No. 74 on MONUMENT LANE.