Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 THACKERAYS LANE is a small extended detached house of 98m², built sometime between 1930 and 1949. It was last sold for £353,000 in May 2022, which was around 5% above the average May 2022 detached price in the Gedling local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 8 THACKERAYS LANE since 1st 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. One of the two 8 THACKERAYS LANE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2022 27 MAY | £353,000 | £335,963 | 5% above HPI |
1997 27 MAR | £60,000 | £77,273 | 22% below HPI |
The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 8 THACKERAYS LANE sales from March 1997 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 March 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.
8 THACKERAYS LANE is 98m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 8 THACKERAYS LANE lies on this distribution: 35% of detached houses are smaller than 8 THACKERAYS LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Arnold.
8 THACKERAYS LANE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 8 THACKERAYS 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 THACKERAYS 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.
8 THACKERAYS LANE is located in WOODTHORPE, in the NG5 postcode district. The below map shows the position of No. 8 on THACKERAYS LANE.