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According to the public record, 8, Forest Lane, Nottingham is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,193 ft2 of internal area and sits on a 494 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 8, Forest Lane, Nottingham is £317,130 and the estimated rental value is £1,528 per month.
Forest Lane, Papplewick, Nottingham, NG15 is located in the borough of Gedling within the NG15 postal district.
8, Forest Lane, Nottingham has a single entry in the Land Registry from October 2009 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 2 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 8, Forest Lane, Nottingham is in very good condition we estimate a sale value of £332,986 and a rental value of £1,605 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,931 and a rental value of £1,421 per month.
Over the last 12 months the sale value of 8 Forest Lane Nottingham has decreased by an estimated £11,074 (3.5%) and its rental value has increased by an estimated £22 per month (1.4%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 8, Forest Lane, Nottingham sits on a plot of 494m2.
We have plot size data on 25 out of 31 other houses in the postcode and 8, Forest Lane, Nottingham sits on the 24th largest plot.
According to HM Land Registry, 8, Forest Lane, Nottingham was last sold on 21st October 2009 for £270,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2009, the market for similar properties has risen 43.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Forest Lane, Nottingham within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 52, Forest Lane, Nottingham, NG15 8FF, a freehold house which sold for £262,260 on the 23rd August 2024.
Read more about house prices in NG15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Lane, Papplewick, Nottingham, NG15 has a total of 49 addresses. According to our analysis of all the public data, 8, Forest Lane, Nottingham is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in NG15.
The closest station to 8, Forest Lane, Nottingham is Hucknall station which is 2.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 8, Forest Lane, Nottingham, 51.4% of property is privately owned outright and 36.8% 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 8, Forest Lane, Nottingham, 14.9% of residents are recorded as possessing school level qualifications and 44.9% 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 8, Forest 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 8, Forest Lane, Nottingham, 1.8% 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 8, Forest Lane, Nottingham, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.