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
145 BOWERHAM ROAD is a large extended detached house of 130m², built sometime between 1950 and 1966. It was last sold for £290,000 in May 2021, which was about the average May 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 145 BOWERHAM ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. The three 145 BOWERHAM ROAD sales were a mix of roughly equal to the average price, above the average price, and 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 |
---|---|---|---|
2021 20 MAY | £290,000 | £290,262 | Close to HPI |
2016 26 AUG | £300,000 | £245,587 | 22% above HPI |
1999 13 DEC | £88,500 | £89,064 | 1% below HPI |
The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The three 145 BOWERHAM ROAD sales between December 1999 and May 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 August 2016 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
145 BOWERHAM ROAD is 130m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 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 145 BOWERHAM ROAD lies on this distribution: 61% of detached houses are smaller than 145 BOWERHAM ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Lancaster.
145 BOWERHAM ROAD sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 145 BOWERHAM ROAD, 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 145 BOWERHAM ROAD). 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.
145 BOWERHAM ROAD is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 145 on BOWERHAM ROAD.