12, SPRUCE AVENUE, LANCASTER, LA1 5LB - £348,000

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

12 SPRUCE AVENUE is a small detached house of 112m², built sometime between 1996 and 2002. It was last sold for £348,000 in September 2014, which was around 49% above the average September 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

12 SPRUCE AVENUE Sold Prices

Land registry data shows two sales for 12 SPRUCE 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 12 SPRUCE AVENUE 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
2014 29 SEP	£348,000	£233,755	49% above HPI
2010 17 JUN	£323,000	£225,306	43% above HPI

12 SPRUCE 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 12 SPRUCE AVENUE sales from June 2010 and September 2014 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 June 2010 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the September 2014 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 12 SPRUCE AVENUE?

12 SPRUCE AVENUE is 112m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% 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 SPRUCE AVENUE lies on this distribution: 39% of detached houses are smaller than 12 SPRUCE AVENUE, and 61% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

12 SPRUCE AVENUE: Plot and Title Map

12 SPRUCE AVENUE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 12 SPRUCE 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 12 SPRUCE 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 12 SPRUCE AVENUE?

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