38, LUCAS LANE, ASHWELL, BALDOCK, SG7 5LN - £840,000

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

38 LUCAS LANE is a midsized extended detached house of 149m², built sometime between 1950 and 1966. It was last sold for £840,000 in May 2022, which was around 22% above the average May 2022 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

38 LUCAS LANE Sold Prices

Land registry data shows three sales for 38 LUCAS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. Two of the three 38 LUCAS LANE sales were for above the average price, whilst one was 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
2022 12 MAY	£840,000	£687,298	22% above HPI
2013 5 SEP	£750	£414,657	100% below HPI
1998 6 JUL	£171,000	£159,878	7% above HPI

38 LUCAS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The three 38 LUCAS LANE sales between July 1998 and May 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 September 2013 sale was for 100% below the HPI. So the extrapolation line tracks at 100% below the HPI over time, until the May 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 38 LUCAS LANE?

38 LUCAS LANE is 149m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% of detached houses in Ashwell, based on EPC data. The below chart shows the distribution of detached houses by size in Ashwell, and where 38 LUCAS LANE lies on this distribution: 41% of detached houses are smaller than 38 LUCAS LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Ashwell.

38 LUCAS LANE: Plot and Title Map

38 LUCAS LANE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 38 LUCAS 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 38 LUCAS 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.

Where is 38 LUCAS LANE?

38 LUCAS LANE is located in ASHWELL, in the SG7 postcode district. The below map shows the position of No. 38 on LUCAS LANE.