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
53 STEVENS LANE is a very small extended detached house of 73m², built sometime between 1930 and 1949. It was last sold for £117,500 in April 2018, which was around 49% below the average April 2018 detached price in the Erewash local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for 53 STEVENS LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the five 53 STEVENS LANE 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 |
---|---|---|---|
2018 26 APR | £117,500 | £230,280 | 49% below HPI |
2004 24 SEP | £70,000 | £172,677 | 59% below HPI |
2001 9 JUL | £50,000 | £89,252 | 44% below HPI |
2000 3 MAR | £35,000 | £72,494 | 52% below HPI |
1998 1 JUN | £27,000 | £69,096 | 61% below HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The five 53 STEVENS LANE sales between June 1998 and April 2018 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 2004 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the April 2018 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.
53 STEVENS LANE is 73m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of detached houses in Breaston, based on EPC data. The below chart shows the distribution of detached houses by size in Breaston, and where 53 STEVENS LANE lies on this distribution: 9% of detached houses are smaller than 53 STEVENS LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Breaston.
53 STEVENS LANE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 53 STEVENS 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 53 STEVENS 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.
53 STEVENS LANE is located in BREASTON, in the DE72 postcode district. The below map shows the position of No. 53 on STEVENS LANE.