54, THE LANE, AWSWORTH, NOTTINGHAM, NG16 2QQ - £220,000

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

54 THE LANE is a midsized extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £220,000 in July 2019, which was around 16% below the average July 2019 detached price in the Broxtowe local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

54 THE LANE Sold Prices

Land registry data shows three sales for 54 THE 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 Broxtowe local authority area for the corresponding sale date. All of the three 54 THE 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
2019 24 JUL	£220,000	£261,115	16% below HPI
2001 12 FEB	£85,600	£99,848	14% below HPI
1998 11 SEP	£60,000	£77,875	23% below HPI

54 THE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The three 54 THE LANE sales between September 1998 and July 2019 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 February 2001 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 54 THE LANE?

54 THE LANE is 86m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses in Awsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Awsworth, and where 54 THE LANE lies on this distribution: 58% of detached houses are smaller than 54 THE LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Awsworth.

54 THE LANE: Plot and Title Map

54 THE LANE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 54 THE 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 54 THE 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 54 THE LANE?

54 THE LANE is located in AWSWORTH, in the NG16 postcode district. The below map shows the position of No. 54 on THE LANE.