THE OLD LODGE, BESTWOOD LODGE DRIVE, ARNOLD, NOTTINGHAM, NG5 8NE - £337,500

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

THE OLD LODGE is a large extended detached house of 117m², built sometime before 1900. It was last sold for £337,500 in April 2016, which was around 49% above the average April 2016 detached price in the Gedling 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.

THE OLD LODGE Sold Prices

Land registry data shows four sales for THE OLD LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Most of the four THE OLD LODGE 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
2016 8 APR	£337,500	£226,823	49% above HPI
2006 28 APR	£283,000	£198,455	43% above HPI
2001 20 APR	£205,000	£104,665	96% above HPI
2000 28 FEB	£40,000	£90,164	56% below HPI

THE OLD LODGE 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 four THE OLD LODGE sales between February 2000 and April 2016 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 2006 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the April 2016 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is THE OLD LODGE?

THE OLD LODGE is 117m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the largest 40% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where THE OLD LODGE lies on this distribution: 67% of detached houses are smaller than THE OLD LODGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

THE OLD LODGE: Plot and Title Map

THE OLD LODGE sits on a plot of roughly 0.172 of an acre, or 695m². The below map shows the location of THE OLD LODGE, 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 THE OLD LODGE). 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 THE OLD LODGE?

THE OLD LODGE is located on BESTWOOD LODGE DRIVE in ARNOLD, in the NG5 postcode district. The below map shows the position of THE OLD LODGE on BESTWOOD LODGE DRIVE.