9, Red Lane
9, Red Lane
Description & Estimates
9, Red Lane, Nottingham is recorded publicly as a mid-century freehold house across 2,389 ft2 of internal area, sitting on a 783 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 9, Red Lane, Nottingham is £567,393 and its rental estimate is £1,996 per month, given the available information and assuming reasonable condition.
Red Lane, Brinsley, Nottingham, NG16 falls within the NG16 postal district, in the borough of Broxtowe.
Our Data Sources
9, Red Lane, Nottingham has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated November 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 9, Red Lane, Nottingham, we estimate a market value of £595,762 and a rental value of £2,096 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £527,675 and £1,856 per month respectively.
Recent Market Change
Over the last year, 9, Red Lane, Nottingham has seen its estimated sale value decline by £21,318 (3.8%) and its estimated rental value climb by £24 per month (1.2%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 9, Red Lane, Nottingham as measuring 783 m2.
That makes it the 2nd largest plot in the postcode, where 4 of the 7 other houses have recorded plot data.
Energy Efficiency
9, Red Lane, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Nov 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Sold Prices
The most recent sale of 9, Red Lane, Nottingham completed on 26th August 2022 at £570,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 7.6% over the period since August 2022.
- Sold Aug 2022£570,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 9, Red Lane, Nottingham have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th July 2021, was 82, Plainspot Road, Nottingham, NG16 5BS, a freehold house which sold for £245,000.
Read more about house prices in NG16.
- Sold Jul 2021£245,000 | 5 Bed House82, Plainspot Road, Nottingham, NG16 5BS82, Plainspot Road, Nottingham, NG16 5BS
- Sold Jan 2021£525,000 | 5 Bed House30, The Moor, Nottingham, NG16 5BB30, The Moor, Nottingham, NG16 5BB
- Sold Apr 2018£300,000 | 5 Bed House11, Red Lane, Nottingham, NG16 5BW11, Red Lane, Nottingham, NG16 5BW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 7 addresses on Red Lane, Brinsley, Nottingham, NG16, 9, Red Lane, Nottingham comes out as the 3rd largest and the 2nd most expensive in our analysis of the public data.
It is also £350k more expensive than the average property across the NG16 district.
More reading links
Schools Nearby
- 400mBrinsley Primary and Nursery School
- 900mUnderwood Church of England Primary School
- 1.9kmWestwood Infant and Nursery School
- 2.8kmHall Park Academy
- 3.0kmAldercar High School
- 3.0kmSelston High School
More reading links
Public Transport Nearby
From 9, Red Lane, Nottingham, the nearest station is Langley Mill, 3.3 kilometres away.
- 3.3kmLangley Mill
- 6.7kmNewstead
- 7.3kmAlfreton
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
