6, LOCK LANE, SANDIACRE, NOTTINGHAM, NG10 5JL - £350,000

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

6 LOCK LANE is a large extended detached house of 122m², built sometime between 1900 and 1929. It was last sold for £350,000 in April 2022, which was around 20% above the average April 2022 detached price in the Erewash local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

6 LOCK LANE Sold Prices

Land registry data shows two sales for 6 LOCK LANE 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 6 LOCK 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
2022 8 APR	£350,000	£292,242	20% above HPI
2015 23 OCT	£240,000	£204,782	17% above HPI

6 LOCK LANE 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 6 LOCK LANE sales from October 2015 and April 2022 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 October 2015 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the April 2022 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 6 LOCK LANE?

6 LOCK LANE is 122m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 30% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 6 LOCK LANE lies on this distribution: 74% of detached houses are smaller than 6 LOCK LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

6 LOCK LANE: Plot and Title Map

6 LOCK LANE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 6 LOCK 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 6 LOCK 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 6 LOCK LANE?

6 LOCK LANE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 6 on LOCK LANE.