122, PARK LANE, NOTTINGHAM, NG6 0EU - £145,000

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.

122 PARK LANE is a very small terraced house of 60m², built sometime before 1900, which could now be worth an estimated £153,809. It was last sold for £145,000 in December 2023, which was around 12% below the average December 2023 terraced price in the City of Nottingham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

122 PARK LANE Sold Prices

Land registry data shows five sales for 122 PARK LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the City of Nottingham local authority area for the corresponding sale date. All of the five 122 PARK LANE sales were for below 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
2023 7 DEC	£145,000	£165,285	12% below HPI
2018 20 DEC	£88,000	£120,348	27% below HPI
2009 23 OCT	£82,000	£84,077	2% below HPI
2005 14 APR	£75,000	£88,101	15% below HPI
2002 5 JUL	£49,500	£54,442	9% below HPI

122 PARK LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the City of Nottingham local authority area over time, sourced from the HPI. The five 122 PARK LANE sales between July 2002 and December 2023 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 December 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 122 PARK LANE be worth now?

122 PARK LANE might now be worth an estimated £153,809.

This is based on house price inflation of 6.1%, between December 2023 and July 2025, for terraced houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.1% inflationary increase is applied to the most recent sale price for 122 PARK LANE of £145,000 on 7th December 2023. For the value to have increased from £145,000 to £153,809 over the two years and five months to July 2025, the following assumptions must hold true:

• The value of 122 PARK LANE has moved in line with the HPI for terraced houses in the City of Nottingham local authority area.
• The December 2023 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 122 PARK LANE has not materially changed since December 2023.

How Large is 122 PARK LANE?

122 PARK LANE is 60m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of terraced houses houses in Nottingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Nottingham, and where 122 PARK LANE lies on this distribution: 4% of terraced houses houses are smaller than 122 PARK LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

122 PARK LANE: Plot and Title Map

122 PARK LANE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 122 PARK LANE, 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 122 PARK LANE). 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 122 PARK LANE?

122 PARK LANE is located in NOTTINGHAM, in the NG6 postcode district. The below map shows the position of No. 122 on PARK LANE.