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
8 WARDS LANE is a very large extended detached house of 330m², built sometime from 2007 onwards. It was last sold for £915,000 in June 2021, which was around 237% above the average June 2021 detached price in the Erewash local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 WARDS LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the three 8 WARDS 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 |
---|---|---|---|
2021 23 JUN | £915,000 | £271,409 | 237% above HPI |
2013 27 JUN | £698,000 | £168,865 | 313% above HPI |
2009 22 DEC | £349,000 | £167,462 | 108% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 8 WARDS LANE sales between December 2009 and June 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 June 2013 sale was for 313% above the HPI. So the extrapolation line tracks at 313% above the HPI over time, until the June 2021 sale, where it falls to 237% above the HPI. The line then continues to track at 237% above the HPI.
8 WARDS LANE is 330m², which includes two extensions, according to the EPC inspection conducted in February 2013. This puts it in the largest 10% of detached houses in Breaston, based on EPC data. The below chart shows the distribution of detached houses by size in Breaston, and where 8 WARDS LANE lies on this distribution: 99% of detached houses are smaller than 8 WARDS LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Breaston.
8 WARDS LANE sits on a plot of roughly 0.387 of an acre, or 1,564m². The below map shows the location of 8 WARDS 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 8 WARDS 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.
8 WARDS LANE is located in BREASTON, in the DE72 postcode district. The below map shows the position of No. 8 on WARDS LANE.