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According to the public record, 38, Chapel Lane, Nottingham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,605 ft2 of internal area and sits on a 687 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Chapel Lane, Nottingham is £472,247 and the estimated rental value is £1,516 per month.
Chapel Lane, Ravenshead, Nottingham, NG15 is located in the borough of Gedling within the NG15 postal district.
38, Chapel Lane, Nottingham has a single entry in the Land Registry from June 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 38, Chapel Lane, Nottingham is in very good condition we estimate a sale value of £495,860 and a rental value of £1,592 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £439,190 and a rental value of £1,410 per month.
Over the last 12 months the sale value of 38 Chapel Lane Nottingham has decreased by an estimated £11,618 (2.5%) and its rental value has increased by an estimated £22 per month (1.5%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 38, Chapel Lane, Nottingham sits on a plot of 687m2.
We have plot size data on 47 out of 55 other houses in the postcode and 38, Chapel Lane, Nottingham sits on the 30th largest plot.
According to HM Land Registry, 38, Chapel Lane, Nottingham was last sold on 1st June 2007 for £230,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2007, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Chapel Lane, Nottingham within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 56, Church Drive, Nottingham, NG15 9FF, a freehold house which sold for £490,000 on the 31st August 2023.
Read more about house prices in NG15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chapel Lane, Ravenshead, Nottingham, NG15 has a total of 107 addresses. According to our analysis of all the public data, 38, Chapel Lane, Nottingham is the 48th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £222k more expensive than the average property in NG15.
The closest station to 38, Chapel Lane, Nottingham is Newstead station which is 5.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 38, Chapel Lane, Nottingham, 56.3% of property is privately owned outright and 27.0% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 38, Chapel Lane, Nottingham, 10.8% of residents are recorded as possessing school level qualifications and 39.4% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 38, Chapel Lane, Nottingham, the average age was 46 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 38, Chapel Lane, Nottingham, 0.6% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 38, Chapel Lane, Nottingham, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
