7, LANCASTER AVENUE, STAPLEFORD, NOTTINGHAM, NG9 7HH - £200,000

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

7 LANCASTER AVENUE is a very small detached house of 55m², built sometime between 1976 and 1982. It was last sold for £200,000 in July 2019, which was around 23% below the average July 2019 detached price in the Broxtowe local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

7 LANCASTER AVENUE Sold Prices

Land registry data shows four sales for 7 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 Broxtowe local authority area for the corresponding sale date. All of the four 7 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
2019 19 JUL	£200,000	£261,115	23% below HPI
2015 12 NOV	£149,000	£220,608	32% below HPI
2004 23 JUN	£128,000	£183,200	30% below HPI
2001 19 NOV	£82,000	£113,958	28% below HPI

7 LANCASTER AVENUE 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 four 7 LANCASTER AVENUE sales between November 2001 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 November 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 7 LANCASTER AVENUE?

7 LANCASTER AVENUE is 55m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of detached houses in Stapleford, based on EPC data. The below chart shows the distribution of detached houses by size in Stapleford, and where 7 LANCASTER AVENUE lies on this distribution: 4% of detached houses are smaller than 7 LANCASTER AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Stapleford.

7 LANCASTER AVENUE: Plot and Title Map

7 LANCASTER AVENUE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 7 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 7 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 7 LANCASTER AVENUE?

7 LANCASTER AVENUE is located in STAPLEFORD, in the NG9 postcode district. The below map shows the position of No. 7 on LANCASTER AVENUE.