9, LANCASTER AVENUE, STAPLEFORD, NOTTINGHAM, NG9 7HH - £230,000

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

9 LANCASTER AVENUE is a very small detached house of 58m², built sometime between 1967 and 1975. It was last sold for £230,000 in September 2021, which was around 23% below the average September 2021 detached price in the Broxtowe local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

9 LANCASTER AVENUE Sold Prices

Land registry data shows three sales for 9 LANCASTER AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the three 9 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
2021 30 SEP	£230,000	£298,980	23% below HPI
2013 19 JUN	£140,000	£186,965	25% below HPI
1998 28 SEP	£57,000	£77,875	27% below HPI

9 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 three 9 LANCASTER AVENUE sales between September 1998 and September 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 9 LANCASTER AVENUE?

9 LANCASTER AVENUE is 58m² according to the EPC inspection conducted in June 2010. 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 9 LANCASTER AVENUE lies on this distribution: 6% of detached houses are smaller than 9 LANCASTER AVENUE, and 94% of houses are larger. Note that EPC data is not available for all properties in Stapleford.

9 LANCASTER AVENUE: Plot and Title Map

9 LANCASTER AVENUE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 9 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 9 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 9 LANCASTER AVENUE?

9 LANCASTER AVENUE is located in STAPLEFORD, in the NG9 postcode district. The below map shows the position of No. 9 on LANCASTER AVENUE.