80, MONUMENT LANE, CODNOR PARK, NOTTINGHAM, NG16 5PJ - £160,000

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.

80 MONUMENT LANE is a small extended detached house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £236,980. It was last sold for £160,000 in May 2017, which was around 30% below the average May 2017 detached price in the Amber Valley local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

80 MONUMENT LANE Sold Prices

Land registry data shows three sales for 80 MONUMENT LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 80 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
2017 12 MAY	£160,000	£229,476	30% below HPI
2017 7 APR	£155,000	£229,150	32% below HPI
2009 16 JUN	£134,950	£166,424	19% below HPI

80 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 three 80 MONUMENT LANE sales between June 2009 and May 2017 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 April 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2017 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 80 MONUMENT LANE be worth now?

80 MONUMENT LANE might now be worth an estimated £236,980.

This is based on house price inflation of 48.1%, between May 2017 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.1% inflationary increase is applied to the most recent sale price for 80 MONUMENT LANE of £160,000 on 12th May 2017. For the value to have increased from £160,000 to £236,980 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 80 MONUMENT LANE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The May 2017 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 80 MONUMENT LANE has not materially changed since May 2017.

How Large is 80 MONUMENT LANE?

80 MONUMENT LANE is 89m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of detached houses houses in Ironville, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ironville, and where 80 MONUMENT LANE lies on this distribution: 35% of detached houses houses are smaller than 80 MONUMENT LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Ironville.

80 MONUMENT LANE: Plot and Title Map

80 MONUMENT LANE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 80 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 80 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 80 MONUMENT LANE?

80 MONUMENT LANE is located in CODNOR PARK, in the NG16 postcode district. The below map shows the position of No. 80 on MONUMENT LANE.