28, LANCASTER WAY, NOTTINGHAM, NG8 6PH - £155,000

28 LANCASTER WAY is a very small detached house of 60m², built sometime between 1996 and 2002. It was last sold for £155,000 in May 2017, which was around 29% below the average May 2017 detached price in the City of Nottingham local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

28 LANCASTER WAY Sold Prices

Land registry data shows four sales for 28 LANCASTER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Most of the four 28 LANCASTER WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 8 MAY	£155,000	£218,349	29% below HPI
2017 17 MAR	£160,000	£214,611	25% below HPI
2005 13 OCT	£149,000	£144,961	3% above HPI
1997 14 MAR	£47,000	£54,467	14% below HPI

28 LANCASTER WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The four 28 LANCASTER WAY sales between March 1997 and May 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 28 LANCASTER WAY?

28 LANCASTER WAY is 60m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 28 LANCASTER WAY lies on this distribution: 4% of detached houses are smaller than 28 LANCASTER WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

28 LANCASTER WAY: Plot and Title Map

28 LANCASTER WAY sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 28 LANCASTER WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 28 LANCASTER WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 28 LANCASTER WAY?

28 LANCASTER WAY is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 28 on LANCASTER WAY.