4, LANCASTER AVENUE, SANDIACRE, NOTTINGHAM, NG10 5GW - £190,000

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

4 LANCASTER AVENUE is a midsized extended detached house of 92m², built sometime between 1950 and 1966. It was last sold for £190,000 in February 2016, which was around 8% below the average February 2016 detached price in the Erewash local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was E.

4 LANCASTER AVENUE Sold Prices

Land registry data shows two sales for 4 LANCASTER AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 4 LANCASTER AVENUE 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
2016 12 FEB	£190,000	£205,513	8% below HPI
1996 18 OCT	£55,000	£61,423	10% below HPI

4 LANCASTER AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 4 LANCASTER AVENUE sales from October 1996 and February 2016 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 October 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2016 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 4 LANCASTER AVENUE?

4 LANCASTER AVENUE is 92m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the smallest 50% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 4 LANCASTER AVENUE lies on this distribution: 41% of detached houses are smaller than 4 LANCASTER AVENUE, and 59% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

4 LANCASTER AVENUE: Plot and Title Map

4 LANCASTER AVENUE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 4 LANCASTER AVENUE, 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 4 LANCASTER AVENUE). 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 4 LANCASTER AVENUE?

4 LANCASTER AVENUE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 4 on LANCASTER AVENUE.