127, Park Lane
127, Park Lane
Description & Estimates
127, Park Lane, Nottingham is recorded publicly as a modern freehold house across 1,074 ft2 of internal area, sitting on a 325 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 127, Park Lane, Nottingham is £225,050 and its rental estimate is £1,021 per month, given the available information and assuming reasonable condition.
Park Lane, Pinxton, Nottingham, NG16 falls within the NG16 postal district, in the borough of Bolsover.
Our Data Sources
127, Park Lane, Nottingham has 21 entries in the Land Registry , most recently in July 2018 and a single entry in the EPC database dated April 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 127, Park Lane, Nottingham, we estimate a market value of £236,303 and a rental value of £1,072 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £209,297 and £949 per month respectively.
Recent Market Change
Over the last year, 127, Park Lane, Nottingham has seen its estimated sale value decline by £7,267 (3.2%) and its estimated rental value climb by £17 per month (1.6%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 127, Park Lane, Nottingham as measuring 325 m2.
That makes it the 17th largest plot in the postcode, where 67 of the 83 other houses have recorded plot data.
Energy Efficiency
127, Park Lane, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Apr 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 127, Park Lane, Nottingham completed on 3rd July 2018 at £136,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 94.1% over the period since July 2018.
- Sold Jul 2018£136,500
- Sold May 2005£128,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 127, Park Lane, Nottingham have sold within a radius of 910 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th April 2023, was 163, Park Lane, Nottingham, NG16 6PR, a freehold house which sold for £258,000.
Read more about house prices in NG16.
- Sold Apr 2023£258,000 | 3 Bed House163, Park Lane, Nottingham, NG16 6PR163, Park Lane, Nottingham, NG16 6PR
- Sold Sep 2020£192,000 | 3 Bed House107, Park Lane, Nottingham, NG16 6PR107, Park Lane, Nottingham, NG16 6PR
- Sold Oct 2017£153,000 | 3 Bed House109, Park Lane, Nottingham, NG16 6PR109, Park Lane, Nottingham, NG16 6PR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 110 addresses on Park Lane, Pinxton, Nottingham, NG16, 127, Park Lane, Nottingham comes out as the 17th largest and the 13th most expensive in our analysis of the public data.
It is also £8k more expensive than the average property across the NG16 district.
More reading links
Schools Nearby
- 300mLongwood Infant Academy
- 400mKirkstead Junior Academy
- 600mJohn King Infant Academy
- 1.3kmFrederick Gent School
- 2.2kmSelston High School
- 4.0kmDavid Nieper Academy
More reading links
Public Transport Nearby
From 127, Park Lane, Nottingham, the nearest station is Alfreton, 3.3 kilometres away.
- 3.3kmAlfreton
- 4.9kmKirkby-in-Ashfield
- 6.0kmSutton Parkway
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
