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
70 COLE LANE is a midsized extended detached house of 105m², built sometime between 1900 and 1929. It was last sold for £327,000 in October 2015, which was around 60% above the average October 2015 detached price in the Erewash local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 70 COLE LANE since 1st 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 70 COLE 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 |
---|---|---|---|
2015 23 OCT | £327,000 | £204,782 | 60% above HPI |
1995 24 FEB | £117,000 | £61,633 | 90% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 70 COLE LANE sales from February 1995 and October 2015 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 1995 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the October 2015 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.
70 COLE LANE is 105m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 50% of detached houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Ockbrook, and where 70 COLE LANE lies on this distribution: 55% of detached houses are smaller than 70 COLE LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.
70 COLE LANE sits on a plot of roughly 0.193 of an acre, or 780m². The below map shows the location of 70 COLE 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 70 COLE 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.
70 COLE LANE is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 70 on COLE LANE.