8, BABBINGTON LANE, KIMBERLEY, NOTTINGHAM, NG16 2PR - £205,000

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.

8 BABBINGTON LANE is a very small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £241,363. It was last sold for £205,000 in August 2021, which was around 32% below the average August 2021 detached price in the Broxtowe local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

8 BABBINGTON LANE Sold Prices

Land registry data shows two sales for 8 BABBINGTON 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 Broxtowe local authority area for the corresponding sale date. Both of the two 8 BABBINGTON 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
2021 9 AUG	£205,000	£302,267	32% below HPI
2014 12 SEP	£132,000	£202,019	35% below HPI

8 BABBINGTON LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 8 BABBINGTON LANE sales from September 2014 and August 2021 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 September 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 8 BABBINGTON LANE be worth now?

8 BABBINGTON LANE might now be worth an estimated £241,363.

This is based on house price inflation of 17.7%, between August 2021 and February 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.7% inflationary increase is applied to the most recent sale price for 8 BABBINGTON LANE of £205,000 on 9th August 2021. For the value to have increased from £205,000 to £241,363 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 8 BABBINGTON LANE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The August 2021 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BABBINGTON LANE has not materially changed since August 2021.

How Large is 8 BABBINGTON LANE?

8 BABBINGTON LANE is 75m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% of detached houses houses in Swingate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swingate, and where 8 BABBINGTON LANE lies on this distribution: 15% of detached houses houses are smaller than 8 BABBINGTON LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Swingate.

8 BABBINGTON LANE: Plot and Title Map

8 BABBINGTON LANE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 8 BABBINGTON 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 8 BABBINGTON 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 8 BABBINGTON LANE?

8 BABBINGTON LANE is located in KIMBERLEY, in the NG16 postcode district. The below map shows the position of No. 8 on BABBINGTON LANE.