12, ELMWOOD GARDENS, LANCASTER, LA1 4PG - £395,000

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

12 ELMWOOD GARDENS is a midsized detached house of 122m², built sometime between 1983 and 1990. It was last sold for £395,000 in July 2021, which was around 36% above the average July 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

12 ELMWOOD GARDENS Sold Prices

Land registry data shows two sales for 12 ELMWOOD GARDENS 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 12 ELMWOOD GARDENS 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
2021 27 JUL	£395,000	£291,258	36% above HPI
2006 10 OCT	£249,950	£226,245	10% above HPI

12 ELMWOOD GARDENS 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 12 ELMWOOD GARDENS sales from October 2006 and July 2021 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 October 2006 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2021 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 12 ELMWOOD GARDENS?

12 ELMWOOD GARDENS is 122m² according to the EPC inspection conducted in May 2021. This puts it in the largest 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 12 ELMWOOD GARDENS lies on this distribution: 53% of detached houses are smaller than 12 ELMWOOD GARDENS, and 46% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

12 ELMWOOD GARDENS: Plot and Title Map

12 ELMWOOD GARDENS sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 12 ELMWOOD GARDENS, 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 12 ELMWOOD GARDENS). 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 12 ELMWOOD GARDENS?

12 ELMWOOD GARDENS is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 12 on ELMWOOD GARDENS.