1, LANCELOT DRIVE, WATNALL, NOTTINGHAM, NG16 1JS - £353,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 LANCELOT DRIVE is a very large extended detached house of 179m², built sometime between 1976 and 1982, which could now be worth an estimated £542,710. It was last sold for £353,000 in July 2016, which was around 52% above the average July 2016 detached price in the Broxtowe local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

1 LANCELOT DRIVE Sold Prices

Land registry data shows two sales for 1 LANCELOT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 1 LANCELOT DRIVE 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
2016 25 JUL	£353,000	£231,481	52% above HPI
1997 27 JUN	£97,500	£73,620	32% above HPI

1 LANCELOT DRIVE 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 two 1 LANCELOT DRIVE sales from June 1997 and July 2016 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 1997 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the July 2016 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 1 LANCELOT DRIVE be worth now?

1 LANCELOT DRIVE might now be worth an estimated £542,710.

This is based on house price inflation of 53.7%, between July 2016 and February 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.7% inflationary increase is applied to the most recent sale price for 1 LANCELOT DRIVE of £353,000 on 25th July 2016. For the value to have increased from £353,000 to £542,710 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 1 LANCELOT DRIVE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The July 2016 sale price of £353,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LANCELOT DRIVE has not materially changed since July 2016.

How Large is 1 LANCELOT DRIVE?

1 LANCELOT DRIVE is 179m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 10% of detached houses houses in Watnall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Watnall, and where 1 LANCELOT DRIVE lies on this distribution: 93% of detached houses houses are smaller than 1 LANCELOT DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Watnall.

1 LANCELOT DRIVE: Plot and Title Map

1 LANCELOT DRIVE sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of 1 LANCELOT DRIVE, 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 LANCELOT DRIVE). 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 LANCELOT DRIVE?

1 LANCELOT DRIVE is located in WATNALL, in the NG16 postcode district. The below map shows the position of No. 1 on LANCELOT DRIVE.