375, SPRING LANE, MAPPERLEY, NOTTINGHAM, NG3 5RR - £305,000

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.

375 SPRING LANE is a large detached house of 140m², built sometime between 1950 and 1966, which could now be worth an estimated £547,435. It was last sold for £305,000 in April 2008, which was around 49% above the average April 2008 detached price in the Gedling local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was D.

375 SPRING LANE Sold Prices

Land registry data shows one sale for 375 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
2008 30 APR	£305,000	£204,378	49% above HPI

What might 375 SPRING LANE be worth now?

375 SPRING LANE might now be worth an estimated £547,435.

This is based on house price inflation of 79.5%, between April 2008 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 79.5% inflationary increase is applied to the most recent sale price for 375 SPRING LANE of £305,000 on 30th April 2008. For the value to have increased from £305,000 to £547,435 over the seventeen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 375 SPRING LANE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The April 2008 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 375 SPRING LANE has not materially changed since April 2008.

How Large is 375 SPRING LANE?

375 SPRING LANE is 140m² according to the EPC inspection conducted in October 2009. This puts it in the largest 30% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 375 SPRING LANE lies on this distribution: 79% of detached houses are smaller than 375 SPRING LANE, and 21% of detached houses are larger. Note that EPC data is not available for all properties in Arnold.

375 SPRING LANE: Plot

375 SPRING LANE sits on a plot of roughly 0.254 of an acre, or 1,026m².

Where is 375 SPRING LANE?

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