8, LANCASTER AVENUE, SANDIACRE, NOTTINGHAM, NG10 5GW - £230,500

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

8 LANCASTER AVENUE is a midsized detached house of 96m², built sometime between 1930 and 1949. It was last sold for £230,500 in October 2020, which was around 9% below the average October 2020 detached price in the Erewash local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was B.

8 LANCASTER AVENUE Sold Prices

Land registry data shows two sales for 8 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. One of the two 8 LANCASTER AVENUE sales was for below the average price, whilst the other was roughly equal to 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
2020 9 OCT	£230,500	£253,694	9% below HPI
1995 26 MAY	£59,995	£60,291	Close to HPI

8 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 8 LANCASTER AVENUE sales from May 1995 and October 2020 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 May 1995 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 8 LANCASTER AVENUE?

8 LANCASTER AVENUE is 96m² according to the EPC inspection conducted in July 2020. 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 8 LANCASTER AVENUE lies on this distribution: 45% of detached houses are smaller than 8 LANCASTER AVENUE, and 54% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

8 LANCASTER AVENUE: Plot and Title Map

8 LANCASTER AVENUE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 8 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 8 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 8 LANCASTER AVENUE?

8 LANCASTER AVENUE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 8 on LANCASTER AVENUE.