12, LANCELOT DRIVE, WATNALL, NOTTINGHAM, NG16 1JS - £267,500

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

12 LANCELOT DRIVE is a very large extended detached house of 163m², built sometime between 1967 and 1975. It was last sold for £267,500 in November 2014, which was around 31% above the average November 2014 detached price in the Broxtowe local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

12 LANCELOT DRIVE Sold Prices

Land registry data shows two sales for 12 LANCELOT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 12 LANCELOT DRIVE sales were for above 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
2014 28 NOV	£267,500	£203,622	31% above HPI
1998 20 FEB	£119,000	£75,325	58% above HPI

12 LANCELOT DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 12 LANCELOT DRIVE sales from February 1998 and November 2014 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 February 1998 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the November 2014 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 12 LANCELOT DRIVE?

12 LANCELOT DRIVE is 163m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 20% of detached houses in Watnall, based on EPC data. The below chart shows the distribution of detached houses by size in Watnall, and where 12 LANCELOT DRIVE lies on this distribution: 86% of detached houses are smaller than 12 LANCELOT DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Watnall.

12 LANCELOT DRIVE: Plot and Title Map

12 LANCELOT DRIVE sits on a plot of roughly 0.191 of an acre, or 771m². The below map shows the location of 12 LANCELOT DRIVE, 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 12 LANCELOT DRIVE). 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 12 LANCELOT DRIVE?

12 LANCELOT DRIVE is located in WATNALL, in the NG16 postcode district. The below map shows the position of No. 12 on LANCELOT DRIVE.