58, LANCASTER AVENUE, SANDIACRE, NOTTINGHAM, NG10 5GW - £247,000

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

58 LANCASTER AVENUE is a midsized detached house of 99m², built sometime between 1950 and 1966. It was last sold for £247,000 in December 2021, which was around 14% below the average December 2021 detached price in the Erewash local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

58 LANCASTER AVENUE Sold Prices

Land registry data shows two sales for 58 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 58 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
2021 10 DEC	£247,000	£287,448	14% below HPI
2011 25 MAR	£134,000	£166,897	20% below HPI

58 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 58 LANCASTER AVENUE sales from March 2011 and December 2021 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 March 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 58 LANCASTER AVENUE?

58 LANCASTER AVENUE is 99m² according to the EPC inspection conducted in June 2021. 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 58 LANCASTER AVENUE lies on this distribution: 48% of detached houses are smaller than 58 LANCASTER AVENUE, and 51% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

58 LANCASTER AVENUE: Plot and Title Map

58 LANCASTER AVENUE sits on a plot of roughly 0.295 of an acre, or 1,193m². The below map shows the location of 58 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 58 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 58 LANCASTER AVENUE?

58 LANCASTER AVENUE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 58 on LANCASTER AVENUE.