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 MONTROSE CRESCENT is a small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £254,000 in August 2022, which was around 23% below the average August 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 1 MONTROSE CRESCENT since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the five 1 MONTROSE CRESCENT 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 |
---|---|---|---|
2022 26 AUG | £254,000 | £328,442 | 23% below HPI |
2016 14 MAR | £165,000 | £237,955 | 31% below HPI |
2012 10 DEC | £151,000 | £222,931 | 32% below HPI |
2002 19 JUL | £94,950 | £118,897 | 20% below HPI |
1995 19 MAY | £57,000 | £80,715 | 29% below HPI |
The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The five 1 MONTROSE CRESCENT sales between May 1995 and August 2022 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 March 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.
1 MONTROSE CRESCENT is 90m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses by size in Heysham, and where 1 MONTROSE CRESCENT lies on this distribution: 37% of detached houses are smaller than 1 MONTROSE CRESCENT, and 61% of houses are larger. Note that EPC data is not available for all properties in Heysham.
1 MONTROSE CRESCENT sits on a plot of roughly 0.088 of an acre, or 354m². The below map shows the location of 1 MONTROSE CRESCENT, 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 MONTROSE CRESCENT). 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.
1 MONTROSE CRESCENT is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 1 on MONTROSE CRESCENT.