116, CLEVELEYS AVENUE, LANCASTER, LA1 5HT - £209,000

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

116 CLEVELEYS AVENUE is a midsized detached house of 116m², built sometime between 1930 and 1949. It was last sold for £209,000 in April 2022, which was around 34% below the average April 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

116 CLEVELEYS AVENUE Sold Prices

Land registry data shows two sales for 116 CLEVELEYS AVENUE 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 116 CLEVELEYS AVENUE 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 27 APR	£209,000	£314,614	34% below HPI
2014 19 SEP	£162,500	£233,755	30% below HPI

116 CLEVELEYS AVENUE 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 116 CLEVELEYS AVENUE sales from September 2014 and April 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 September 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 116 CLEVELEYS AVENUE?

116 CLEVELEYS AVENUE is 116m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 116 CLEVELEYS AVENUE lies on this distribution: 45% of detached houses are smaller than 116 CLEVELEYS AVENUE, and 53% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

116 CLEVELEYS AVENUE: Plot and Title Map

116 CLEVELEYS AVENUE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 116 CLEVELEYS AVENUE, 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 116 CLEVELEYS AVENUE). 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 116 CLEVELEYS AVENUE?

116 CLEVELEYS AVENUE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 116 on CLEVELEYS AVENUE.