51, LANCASTER AVENUE, SANDIACRE, NOTTINGHAM, NG10 5GW - £230,000

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

51 LANCASTER AVENUE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £230,000 in August 2023, which was around 27% below the average August 2023 detached price in the Erewash local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

51 LANCASTER AVENUE Sold Prices

Land registry data shows four sales for 51 LANCASTER AVENUE since 1^st 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 51 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
2023 8 AUG	£230,000	£316,616	27% below HPI
2004 15 JUL	£146,950	£167,089	12% below HPI
2000 15 SEP	£74,950	£81,930	9% below HPI
1996 5 NOV	£58,500	£61,763	5% below HPI

51 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 four 51 LANCASTER AVENUE sales between November 1996 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 July 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 51 LANCASTER AVENUE?

51 LANCASTER AVENUE is 66m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 51 LANCASTER AVENUE lies on this distribution: 5% of detached houses are smaller than 51 LANCASTER AVENUE, and 94% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

51 LANCASTER AVENUE: Plot and Title Map

51 LANCASTER AVENUE sits on a plot of roughly 0.214 of an acre, or 867m². The below map shows the location of 51 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 51 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 51 LANCASTER AVENUE?

51 LANCASTER AVENUE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 51 on LANCASTER AVENUE.