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
22 RECTORY LANE is a large extended detached house of 178m², built sometime between 1967 and 1975. It was last sold for £560,000 in August 2022, which was around 82% above the average August 2022 detached price in the Erewash local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 22 RECTORY LANE 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. All of the three 22 RECTORY LANE 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 |
---|---|---|---|
2022 16 AUG | £560,000 | £307,097 | 82% above HPI |
2018 18 DEC | £465,000 | £241,712 | 92% above HPI |
1995 31 OCT | £117,000 | £61,595 | 90% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 22 RECTORY LANE sales between October 1995 and August 2022 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 2018 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the August 2022 sale, where it falls to 82% above the HPI. The line then continues to track at 82% above the HPI.
22 RECTORY LANE is 178m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 40% of detached houses in Breadsall, based on EPC data. The below chart shows the distribution of detached houses by size in Breadsall, and where 22 RECTORY LANE lies on this distribution: 68% of detached houses are smaller than 22 RECTORY LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Breadsall.
22 RECTORY LANE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 22 RECTORY 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 22 RECTORY 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.
22 RECTORY LANE is located in BREADSALL, in the DE21 postcode district. The below map shows the position of No. 22 on RECTORY LANE.