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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for First Cottage, Nottingham is £629,615 and the estimated rental value is £2,169 per month.
Park Lane, Lambley, Nottingham, NG4 is located in the borough of Gedling within the NG4 postal district.
First Cottage, Nottingham has a single entry in the Land Registry from March 2025 and a single entry in the EPC database dated March 2023.
We combine this information with that 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 First Cottage, Nottingham is in very good condition we estimate a sale value of £661,096 and a rental value of £2,278 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £585,542 and a rental value of £2,017 per month.
Over the last 12 months the sale value of First Cottage Nottingham has decreased by an estimated £12,065 (1.9%) and its rental value has increased by an estimated £20 per month (0.9%), giving an expected gross yield of 4.1%.
First Cottage, Nottingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, First Cottage, Nottingham was last sold on 28th March 2025 for £635,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2025, the market for similar properties has dropped 39.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to First Cottage, Nottingham within a radius of 2.1 kilometres over the last 2 years.
The most recent example is Stockhill Farm, Bridle Road, Nottingham, NG14 5FR, a freehold house which sold for £825,000 on the 8th October 2024.
Read more about house prices in NG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Lambley, Nottingham, NG4 has a total of 23 addresses. According to our analysis of all the public data, First Cottage, Nottingham is the 13th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £399k more expensive than the average property in NG4.
The closest station to First Cottage, Nottingham is Burton Joyce station which is 2.2 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 First Cottage, Nottingham, 48.6% of property is privately owned outright and 40.3% 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 First Cottage, Nottingham, 17.9% of residents are recorded as possessing school level qualifications and 40.2% 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 First Cottage, 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 First Cottage, Nottingham, 1.5% 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 First Cottage, 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.