240, WILFORD LANE, WILFORD, NOTTINGHAM, NG11 7AW - £193,000

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.

240 WILFORD LANE is a very small terraced house of 66m², built sometime between 1930 and 1949, which could now be worth an estimated £234,506. It was last sold for £193,000 in May 2021, which was around 37% above the average May 2021 terraced price in the City of Nottingham local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

240 WILFORD LANE Sold Prices

Land registry data shows four sales for 240 WILFORD LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the City of Nottingham local authority area for the corresponding sale date. All of the four 240 WILFORD LANE 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
2021 6 MAY	£193,000	£140,903	37% above HPI
2018 4 APR	£185,000	£112,904	64% above HPI
2007 29 MAY	£145,000	£95,262	52% above HPI
2006 23 JAN	£185,000	£93,705	97% above HPI

240 WILFORD 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 four 240 WILFORD LANE sales between January 2006 and May 2021 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 2018 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the May 2021 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 240 WILFORD LANE be worth now?

240 WILFORD LANE might now be worth an estimated £234,506.

This is based on house price inflation of 21.5%, between May 2021 and August 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 21.5% inflationary increase is applied to the most recent sale price for 240 WILFORD LANE of £193,000 on 6th May 2021. For the value to have increased from £193,000 to £234,506 over the three years and nine months to August 2025, the following assumptions must hold true:

• The value of 240 WILFORD LANE has moved in line with the HPI for terraced houses in the City of Nottingham local authority area.
• The May 2021 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 240 WILFORD LANE has not materially changed since May 2021.

How Large is 240 WILFORD LANE?

240 WILFORD LANE is 66m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of terraced houses houses in Wilford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wilford, and where 240 WILFORD LANE lies on this distribution: 3% of terraced houses houses are smaller than 240 WILFORD LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Wilford.

240 WILFORD LANE: Plot and Title Map

240 WILFORD LANE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 240 WILFORD 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 240 WILFORD 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 240 WILFORD LANE?

240 WILFORD LANE is located in WILFORD, in the NG11 postcode district. The below map shows the position of No. 240 on WILFORD LANE.