Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 LANCASTER AVENUE is a midsized extended detached house of 101m², built sometime between 1950 and 1966. It was last sold for £270,000 in March 2021, which was around 2% above the average March 2021 detached price in the Erewash local authority area. The most recent EPC inspection was May 2013, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 1 LANCASTER AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Two of the three 1 LANCASTER AVENUE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2021 25 MAR | £270,000 | £265,542 | 2% above HPI |
2013 23 AUG | £189,500 | £171,930 | 10% above HPI |
2011 21 APR | £123,500 | £166,960 | 26% below HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 1 LANCASTER AVENUE sales between April 2011 and March 2021 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 August 2013 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.
1 LANCASTER AVENUE is 101m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 50% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 1 LANCASTER AVENUE lies on this distribution: 51% of detached houses are smaller than 1 LANCASTER AVENUE, and 48% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.
1 LANCASTER AVENUE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 1 LANCASTER AVENUE, 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 1 LANCASTER AVENUE). 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.
1 LANCASTER AVENUE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 1 on LANCASTER AVENUE.