1, LYTHAM CLOSE, LANCASTER, LA1 3RN - £116,000

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

1 LYTHAM CLOSE is a very small detached house of 54m², built sometime between 2003 and 2006. It was last sold for £116,000 in March 2007, which was around 49% below the average March 2007 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was A.

1 LYTHAM CLOSE Sold Prices

Land registry data shows two sales for 1 LYTHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 1 LYTHAM CLOSE 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
2007 23 MAR	£116,000	£225,335	49% below HPI
2003 10 SEP	£61,600	£158,373	61% below HPI

1 LYTHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 1 LYTHAM CLOSE sales from September 2003 and March 2007 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 September 2003 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the March 2007 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 1 LYTHAM CLOSE?

1 LYTHAM CLOSE is 54m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 1 LYTHAM CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 1 LYTHAM CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

1 LYTHAM CLOSE: Plot and Title Map

1 LYTHAM CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 1 LYTHAM CLOSE, 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 LYTHAM CLOSE). 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 LYTHAM CLOSE?

1 LYTHAM CLOSE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 1 on LYTHAM CLOSE.