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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 294B, Spring Lane, Nottingham is £490,939 and the estimated rental value is £1,658 per month.
Spring Lane, Lambley, Nottingham, NG4 is located in the borough of Gedling within the NG4 postal district.
294B, Spring Lane, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated March 2018.
We combine this information with public data of neighbouring properties to estimate the property 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 294B, Spring Lane, Nottingham is in very good condition we estimate a sale value of £515,486 and a rental value of £1,741 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £456,573 and a rental value of £1,542 per month.
Over the last 12 months the sale value of 294B Spring Lane Nottingham has decreased by an estimated £14,305 (2.9%) and its rental value has increased by an estimated £7 per month (0.4%), giving an expected gross yield of 4.1%.
294B, Spring Lane, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Mar 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 294B, Spring Lane, Nottingham within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 2, Feniton Court, Nottingham, NG3 5XD, a freehold house which sold for £425,000 on the 21st March 2025.
Read more about house prices in NG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Lane, Lambley, Nottingham, NG4 has a total of 116 addresses. According to our analysis of all the public data, 294B, Spring Lane, Nottingham is the 45th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £263k more expensive than the average property in NG4.
The closest station to 294B, Spring Lane, Nottingham is Burton Joyce station which is 3.0 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 294B, Spring Lane, Nottingham, 53.8% of property is privately owned outright and 31.8% 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 294B, Spring Lane, Nottingham, 15.6% of residents are recorded as possessing school level qualifications and 28.2% 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 294B, Spring Lane, Nottingham, the average age was 45.8 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 294B, Spring 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 294B, Spring Lane, Nottingham, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.