14, PRINCESS AVENUE, LANCASTER, LA1 4RU - £165,000

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

14 PRINCESS AVENUE is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £165,000 in September 2018, which was around 37% below the average September 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

14 PRINCESS AVENUE Sold Prices

Land registry data shows five sales for 14 PRINCESS AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the five 14 PRINCESS 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
2018 28 SEP	£165,000	£263,035	37% below HPI
2018 31 AUG	£155,000	£260,343	40% below HPI
2006 25 MAY	£155,000	£213,370	27% below HPI
2005 29 SEP	£120,000	£213,153	44% below HPI
2004 25 NOV	£145,000	£207,569	30% below HPI

14 PRINCESS 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 five 14 PRINCESS AVENUE sales between November 2004 and September 2018 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 August 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2018 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 14 PRINCESS AVENUE?

14 PRINCESS AVENUE is 69m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 14 PRINCESS AVENUE lies on this distribution: 3% of detached houses are smaller than 14 PRINCESS AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

14 PRINCESS AVENUE: Plot and Title Map

14 PRINCESS AVENUE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 14 PRINCESS 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 14 PRINCESS 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 14 PRINCESS AVENUE?

14 PRINCESS AVENUE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 14 on PRINCESS AVENUE.