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

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.

THE WOODLANDS is a very large extended detached house of 352m², built sometime between 1900 and 1929, which could now be worth an estimated £1,369,472. It was last sold for £825,000 in November 2015, which was around 266% 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	£225,263	266% above HPI
1995 11 MAY	£328,500	£73,589	346% 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 346% above the HPI. So the extrapolation line tracks at 346% above the HPI over time, until the November 2015 sale, where it falls to 266% above the HPI. The line then continues to track at 266% above the HPI.

What might THE WOODLANDS be worth now?

THE WOODLANDS might now be worth an estimated £1,369,472.

This is based on house price inflation of 66%, between November 2015 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 66% inflationary increase is applied to the most recent sale price for THE WOODLANDS of £825,000 on 11th November 2015. For the value to have increased from £825,000 to £1,369,472 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of THE WOODLANDS has moved in line with the HPI for detached houses in the Gedling local authority area.
• The November 2015 sale price of £825,000 represented a fair market value for the property.
• The size, condition, and specification of THE WOODLANDS has not materially changed since November 2015.

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 houses in Papplewick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Papplewick, and where THE WOODLANDS lies on this distribution: 94% of detached houses 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.