114, NEWLANDS ROAD, LANCASTER, LA1 4JE - £375,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

114 NEWLANDS ROAD is a large extended detached house of 150m², built sometime between 1967 and 1975. It was last sold for £375,000 in November 2023, which was around 5% above the average November 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

114 NEWLANDS ROAD Sold Prices

Land registry data shows three sales for 114 NEWLANDS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the three 114 NEWLANDS ROAD 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
2023 14 NOV	£375,000	£356,274	5% above HPI
2018 24 MAY	£325,000	£248,522	31% above HPI
2002 17 MAY	£155,000	£111,081	40% above HPI

114 NEWLANDS ROAD 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 three 114 NEWLANDS ROAD sales between May 2002 and November 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 May 2018 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the November 2023 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 114 NEWLANDS ROAD?

114 NEWLANDS ROAD is 150m², which includes three extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 30% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 114 NEWLANDS ROAD lies on this distribution: 77% of detached houses are smaller than 114 NEWLANDS ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

114 NEWLANDS ROAD: Plot and Title Map

114 NEWLANDS ROAD sits on a plot of roughly 0.239 of an acre, or 966m². The below map shows the location of 114 NEWLANDS ROAD, 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 114 NEWLANDS ROAD). 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 114 NEWLANDS ROAD?

114 NEWLANDS ROAD is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 114 on NEWLANDS ROAD.