LANE HOUSE, VICARAGE LANE, RUDDINGTON, NOTTINGHAM, NG11 6HB - £700,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

LANE HOUSE is a very large extended detached house of 188m², built sometime before 1900. It was last sold for £700,000 in October 2017, which was around 95% above the average October 2017 detached price in the Rushcliffe local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was D.

LANE HOUSE Sold Prices

Land registry data shows two sales for LANE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Both of the two LANE 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
2017 13 OCT	£700,000	£359,660	95% above HPI
2006 7 JUL	£326,000	£271,113	20% above HPI

LANE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two LANE HOUSE sales from July 2006 and October 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 July 2006 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2017 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

How Large is LANE HOUSE?

LANE HOUSE is 188m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 20% of detached houses in Ruddington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruddington, and where LANE HOUSE lies on this distribution: 88% of detached houses are smaller than LANE HOUSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Ruddington.

LANE HOUSE: Plot and Title Map

LANE HOUSE sits on a plot of roughly 0.178 of an acre, or 722m². The below map shows the location of LANE 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 LANE 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 LANE HOUSE?

LANE HOUSE is located on VICARAGE LANE in RUDDINGTON, in the NG11 postcode district. The below map shows the position of LANE HOUSE on VICARAGE LANE.