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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 SPRUCE AVENUE is a small detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £512,642. It was last sold for £348,000 in September 2014, which was around 53% 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	£226,749	53% above HPI
2010 17 JUN	£323,000	£218,552	48% 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 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the September 2014 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 12 SPRUCE AVENUE be worth now?

12 SPRUCE AVENUE might now be worth an estimated £512,642.

This is based on house price inflation of 47.3%, between September 2014 and February 2025, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.3% inflationary increase is applied to the most recent sale price for 12 SPRUCE AVENUE of £348,000 on 29th September 2014. For the value to have increased from £348,000 to £512,642 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 SPRUCE AVENUE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The September 2014 sale price of £348,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SPRUCE AVENUE has not materially changed since September 2014.

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 houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancaster, and where 12 SPRUCE AVENUE lies on this distribution: 39% of detached houses 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.