THE PRIORY, FRIDAY LANE, GEDLING, NOTTINGHAM, NG4 3LB - £247,500

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.

THE PRIORY is a very large detached house of 131m², built sometime between 1930 and 1949, which could now be worth an estimated £482,249. It was last sold for £247,500 in October 2013, which was around 29% above the average October 2013 detached price in the Gedling local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

THE PRIORY Sold Prices

Land registry data shows two sales for THE PRIORY since 1^st 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. Both of the two THE PRIORY 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 25 OCT	£247,500	£191,908	29% above HPI
1997 29 JAN	£110,000	£75,247	46% above HPI

THE PRIORY 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 two THE PRIORY sales from January 1997 and October 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 January 1997 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the October 2013 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might THE PRIORY be worth now?

THE PRIORY might now be worth an estimated £482,249.

This is based on house price inflation of 94.8%, between October 2013 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 94.8% inflationary increase is applied to the most recent sale price for THE PRIORY of £247,500 on 25th October 2013. For the value to have increased from £247,500 to £482,249 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of THE PRIORY has moved in line with the HPI for detached houses in the Gedling local authority area.
• The October 2013 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of THE PRIORY has not materially changed since October 2013.

How Large is THE PRIORY?

THE PRIORY is 131m² according to the EPC inspection conducted in August 2012. This puts it in the largest 20% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where THE PRIORY lies on this distribution: 81% of detached houses houses are smaller than THE PRIORY, and 18% of houses are larger. Note that EPC data is not available for all properties in Carlton.

THE PRIORY: Plot and Title Map

THE PRIORY sits on a plot of roughly 0.384 of an acre, or 1,553m². The below map shows the location of THE PRIORY, 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 PRIORY). 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 PRIORY?

THE PRIORY is located on FRIDAY LANE in GEDLING, in the NG4 postcode district. The below map shows the position of THE PRIORY on FRIDAY LANE.