THE WOODLANDS, FOREST LANE, PAPPLEWICK, NOTTINGHAM, NG15 8FG - £825,000

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

THE WOODLANDS is a very large extended detached house of 352m², built sometime between 1900 and 1929. It was last sold for £825,000 in November 2015, which was around 267% above the average November 2015 detached price in the Gedling local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

THE WOODLANDS Sold Prices

Land registry data shows two sales for THE WOODLANDS 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 WOODLANDS 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
2015 11 NOV	£825,000	£224,604	267% above HPI
1995 11 MAY	£328,500	£73,374	348% above HPI

THE WOODLANDS 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 WOODLANDS sales from May 1995 and November 2015 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 May 1995 sale was for 348% above the HPI. So the extrapolation line tracks at 348% above the HPI over time, until the November 2015 sale, where it falls to 267% above the HPI. The line then continues to track at 267% above the HPI.

How Large is THE WOODLANDS?

THE WOODLANDS is 352m², which includes four extensions, according to the EPC inspection conducted in July 2012. This puts it in the largest 10% of detached houses in Papplewick, based on EPC data. The below chart shows the distribution of detached houses by size in Papplewick, and where THE WOODLANDS lies on this distribution: 94% of detached houses are smaller than THE WOODLANDS, and 6% of houses are larger. Note that EPC data is not available for all properties in Papplewick.

THE WOODLANDS: Plot and Title Map

THE WOODLANDS sits on a plot of roughly 8.8 acres, or 35,445m². The below map shows the location of THE WOODLANDS, 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 WOODLANDS). 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 WOODLANDS?

THE WOODLANDS is located on FOREST LANE in PAPPLEWICK, in the NG15 postcode district. The below map shows the position of THE WOODLANDS on FOREST LANE.