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
47 RECTORY LANE is a small extended detached house of 131m², built sometime between 1950 and 1966. It was last sold for £455,000 in June 2015, which was around 129% above the average June 2015 detached price in the Erewash local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 47 RECTORY LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the four 47 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 |
---|---|---|---|
2015 25 JUN | £455,000 | £199,037 | 129% above HPI |
2010 30 APR | £399,950 | £171,531 | 133% above HPI |
2006 27 JUL | £402,500 | £176,598 | 128% above HPI |
2001 20 APR | £132,500 | £82,446 | 61% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The four 47 RECTORY LANE sales between April 2001 and June 2015 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 April 2010 sale was for 133% above the HPI. So the extrapolation line tracks at 133% above the HPI over time, until the June 2015 sale, where it falls to 129% above the HPI. The line then continues to track at 129% above the HPI.
47 RECTORY LANE is 131m², which includes three extensions, according to the EPC inspection conducted in February 2015. This puts it in the smallest 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 47 RECTORY LANE lies on this distribution: 36% of detached houses are smaller than 47 RECTORY LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Breadsall.
47 RECTORY LANE sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 47 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 47 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.
47 RECTORY LANE is located in BREADSALL, in the DE21 postcode district. The below map shows the position of No. 47 on RECTORY LANE.