LABURNUM HOUSE, GONALSTON LANE, HOVERINGHAM, NOTTINGHAM, NG14 7JH - £430,000

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.

LABURNUM HOUSE is a small extended detached house of 139m², built sometime between 1900 and 1929, which could now be worth an estimated £738,712. It was last sold for £430,000 in March 2013, which was around 110% above the average March 2013 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

LABURNUM HOUSE Sold Prices

Land registry data shows five sales for LABURNUM HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the five LABURNUM HOUSE 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
2013 11 MAR	£430,000	£204,893	110% above HPI
2002 19 SEP	£364,000	£146,950	148% above HPI
2000 29 SEP	£250,000	£106,998	134% above HPI
1996 9 AUG	£150,000	£79,142	90% above HPI
1995 22 MAR	£80,000	£71,342	12% above HPI

LABURNUM HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The five LABURNUM HOUSE sales between March 1995 and March 2013 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 2002 sale was for 148% above the HPI. So the extrapolation line tracks at 148% above the HPI over time, until the March 2013 sale, where it falls to 110% above the HPI. The line then continues to track at 110% above the HPI.

What might LABURNUM HOUSE be worth now?

LABURNUM HOUSE might now be worth an estimated £738,712.

This is based on house price inflation of 71.8%, between March 2013 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 71.8% inflationary increase is applied to the most recent sale price for LABURNUM HOUSE of £430,000 on 11th March 2013. For the value to have increased from £430,000 to £738,712 over the twelve years and one month to February 2025, the following assumptions must hold true:

• The value of LABURNUM HOUSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The March 2013 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of LABURNUM HOUSE has not materially changed since March 2013.

How Large is LABURNUM HOUSE?

LABURNUM HOUSE is 139m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of detached houses houses in Hoveringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hoveringham, and where LABURNUM HOUSE lies on this distribution: 23% of detached houses houses are smaller than LABURNUM HOUSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Hoveringham.

LABURNUM HOUSE: Plot and Title Map

LABURNUM HOUSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of LABURNUM HOUSE, 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 LABURNUM HOUSE). 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 LABURNUM HOUSE?

LABURNUM HOUSE is located on GONALSTON LANE in HOVERINGHAM, in the NG14 postcode district. The below map shows the position of LABURNUM HOUSE on GONALSTON LANE.