34, LANCASTER WAY, NOTTINGHAM, NG8 6PH - £282,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

34 LANCASTER WAY is a small extended detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £280,634. It was last sold for £282,000 in August 2023, which was around 13% below the average August 2023 detached price in the City of Nottingham local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

34 LANCASTER WAY Sold Prices

Land registry data shows two sales for 34 LANCASTER WAY since 1^st 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 34 LANCASTER WAY 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 25 AUG	£282,000	£324,561	13% below HPI
2017 8 DEC	£190,000	£227,857	17% below HPI

34 LANCASTER WAY Price Paid vs. HPI Average

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 34 LANCASTER WAY sales from December 2017 and August 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 2017 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 34 LANCASTER WAY be worth now?

34 LANCASTER WAY might now be worth an estimated £280,634.

This is based on house price deflation of 0.5%, between August 2023 and December 2024, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% deflationary decrease is applied to the most recent sale price for 34 LANCASTER WAY of £282,000 on 25th August 2023. For the value to have decreased from £282,000 to £280,634 over the eight months to December 2024, the following assumptions must hold true:

• The value of 34 LANCASTER WAY has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The August 2023 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of 34 LANCASTER WAY has not materially changed since August 2023.

How Large is 34 LANCASTER WAY?

34 LANCASTER WAY is 90m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 40% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 34 LANCASTER WAY lies on this distribution: 33% of detached houses houses are smaller than 34 LANCASTER WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

34 LANCASTER WAY: Plot and Title Map

34 LANCASTER WAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 34 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 34 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.

Where is 34 LANCASTER WAY?

34 LANCASTER WAY is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 34 on LANCASTER WAY.