1, LANCASTER WAY, NOTTINGHAM, NG8 6PH - £283,000

1 LANCASTER WAY is a midsized extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £283,000 in February 2023, which was around 14% below the average February 2023 detached price in the City of Nottingham local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

1 LANCASTER WAY Sold Prices

Land registry data shows six sales for 1 LANCASTER WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Most of the six 1 LANCASTER WAY 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
2023 21 FEB	£283,000	£330,489	14% below HPI
2007 30 NOV	£167,500	£145,279	15% above HPI
2002 10 APR	£78,000	£88,604	12% below HPI
2000 6 OCT	£59,950	£69,072	13% below HPI
1999 5 NOV	£56,000	£64,547	13% below HPI
1996 2 AUG	£54,000	£53,642	1% above HPI

1 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 six 1 LANCASTER WAY sales between August 1996 and February 2023 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 November 2007 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1 LANCASTER WAY?

1 LANCASTER WAY is 102m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 50% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 1 LANCASTER WAY lies on this distribution: 50% of detached houses are smaller than 1 LANCASTER WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

1 LANCASTER WAY: Plot and Title Map

1 LANCASTER WAY sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 1 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 1 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 1 LANCASTER WAY?

1 LANCASTER WAY is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 1 on LANCASTER WAY.