329, SPRING LANE, MAPPERLEY, NOTTINGHAM, NG3 5RR - £284,000

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.

329 SPRING LANE is a very large extended detached house of 242m², built sometime between 1930 and 1949, which could now be worth an estimated £487,243. It was last sold for £284,000 in November 2007, which was around 33% above the average November 2007 detached price in the Gedling local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

329 SPRING LANE Sold Prices

Land registry data shows one sale for 329 SPRING LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Gedling local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 9 NOV	£284,000	£213,816	33% above HPI

What might 329 SPRING LANE be worth now?

329 SPRING LANE might now be worth an estimated £487,243.

This is based on house price inflation of 71.6%, between November 2007 and May 2026, 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 71.6% inflationary increase is applied to the most recent sale price for 329 SPRING LANE of £284,000 on 9th November 2007. For the value to have increased from £284,000 to £487,243 over the nineteen years and six months to May 2026, the following assumptions must hold true:

• The value of 329 SPRING LANE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The November 2007 sale price of £284,000 represented a fair market value for the property.
• The size, condition, and specification of 329 SPRING LANE has not materially changed since November 2007.

How Large is 329 SPRING LANE?

329 SPRING LANE is 242m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the largest 10% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 329 SPRING LANE lies on this distribution: 98% of detached houses are smaller than 329 SPRING LANE, and 2% of detached houses are larger. Note that EPC data is not available for all properties in Arnold.

329 SPRING LANE: Plot

329 SPRING LANE sits on a plot of roughly 0.119 of an acre, or 483m².

Where is 329 SPRING LANE?

329 SPRING LANE is located in MAPPERLEY, in the NG3 postcode district.