Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
11A GREEN LANE is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £248,000 in July 2023, which was around 21% below the average July 2023 detached price in the Erewash local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 11A GREEN LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 11A GREEN LANE 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 |
---|---|---|---|
2023 28 JUL | £248,000 | £314,723 | 21% below HPI |
2022 9 DEC | £236,000 | £308,873 | 24% below HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 11A GREEN LANE sales from December 2022 and July 2023 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 December 2022 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
11A GREEN LANE is 70m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Ockbrook, and where 11A GREEN LANE lies on this distribution: 9% of detached houses are smaller than 11A GREEN LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.
11A GREEN LANE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 11A GREEN LANE, 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 11A GREEN LANE). 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.
11A GREEN LANE is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 11A on GREEN LANE.