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
18 LANCASTER WAY is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £130,000 in December 2012, which was around 2% above the average December 2012 detached price in the City of Nottingham local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 18 LANCASTER WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Both of the two 18 LANCASTER WAY 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 |
---|---|---|---|
2012 14 DEC | £130,000 | £127,254 | 2% above HPI |
2010 3 SEP | £134,950 | £132,624 | 2% above HPI |
The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 18 LANCASTER WAY sales from September 2010 and December 2012 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 September 2010 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2012 sale, which was also at 2% above the HPI.
18 LANCASTER WAY is 78m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 18 LANCASTER WAY lies on this distribution: 18% of detached houses are smaller than 18 LANCASTER WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
18 LANCASTER WAY sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 18 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 18 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.
18 LANCASTER WAY is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 18 on LANCASTER WAY.