9, LANCASTER WAY, NOTTINGHAM, NG8 6PH - £155,000

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

9 LANCASTER WAY is a very small detached house of 71m², built sometime between 1976 and 1982. It was last sold for £155,000 in April 2021, which was around 44% below the average April 2021 detached price in the City of Nottingham local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

9 LANCASTER WAY Sold Prices

Land registry data shows five sales for 9 LANCASTER WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Most of the five 9 LANCASTER WAY 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 30 APR	£155,000	£277,985	44% below HPI
2018 31 OCT	£140,000	£245,637	43% below HPI
1998 27 NOV	£59,000	£58,492	1% above HPI
1998 6 FEB	£58,500	£55,691	5% above HPI
1997 30 MAY	£56,000	£55,341	1% above HPI

9 LANCASTER WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The five 9 LANCASTER WAY sales between May 1997 and April 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 October 2018 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the April 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 9 LANCASTER WAY?

9 LANCASTER WAY is 71m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 9 LANCASTER WAY lies on this distribution: 11% of detached houses are smaller than 9 LANCASTER WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

9 LANCASTER WAY: Plot and Title Map

9 LANCASTER WAY sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 9 LANCASTER WAY, 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 WAY). 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 WAY?

9 LANCASTER WAY is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 9 on LANCASTER WAY.