8, CHARNWOOD LANE, ARNOLD, NOTTINGHAM, NG5 6PE - £249,950

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 CHARNWOOD LANE is a large extended detached house of 136m², built sometime between 1976 and 1982, which could now be worth an estimated £492,985. It was last sold for £249,950 in August 2011, which was around 32% above the average August 2011 detached price in the Gedling local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was C.

8 CHARNWOOD LANE Sold Prices

Land registry data shows two sales for 8 CHARNWOOD 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 Gedling local authority area for the corresponding sale date. Both of the two 8 CHARNWOOD 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
2011 22 AUG	£249,950	£189,879	32% above HPI
2010 3 DEC	£240,000	£190,547	26% above HPI

8 CHARNWOOD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 8 CHARNWOOD LANE sales from December 2010 and August 2011 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 December 2010 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2011 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 8 CHARNWOOD LANE be worth now?

8 CHARNWOOD LANE might now be worth an estimated £492,985.

This is based on house price inflation of 97.2%, between August 2011 and March 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 97.2% inflationary increase is applied to the most recent sale price for 8 CHARNWOOD LANE of £249,950 on 22nd August 2011. For the value to have increased from £249,950 to £492,985 over the fourteen years and five months to March 2025, the following assumptions must hold true:

• The value of 8 CHARNWOOD LANE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The August 2011 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 8 CHARNWOOD LANE has not materially changed since August 2011.

How Large is 8 CHARNWOOD LANE?

8 CHARNWOOD LANE is 136m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the largest 30% of detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 8 CHARNWOOD LANE lies on this distribution: 75% of detached houses houses are smaller than 8 CHARNWOOD LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Arnold.

8 CHARNWOOD LANE: Plot and Title Map

8 CHARNWOOD LANE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 8 CHARNWOOD 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 CHARNWOOD 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 CHARNWOOD LANE?

8 CHARNWOOD LANE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 8 on CHARNWOOD LANE.