Is Neverland in Nottingham?

[Heathy]

I'm writing an article for the BBC Nottingham website about the rumour that JM Barrie's Neverland was conceived during his time in Nottingham.
 
There's a suggestion that the land was based on a beautiful park called The Arboretum, near to where Barrie lived.
 
I'm not expecting a definitive answer as to whether this was the case but maybe you know more as to the origins of Neverland?
 
Could you give me a line or two about whether it's possible about Nottingham's connections?
 
Hope you can help, Neil