15, SHAFTESBURY PLACE, LANCASTER, LA1 4PZ - £475,000

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

15 SHAFTESBURY PLACE is a very large extended detached house of 163m², built sometime between 1991 and 1995. It was last sold for £475,000 in May 2024, which was around 35% above the average May 2024 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

15 SHAFTESBURY PLACE Sold Prices

Land registry data shows two sales for 15 SHAFTESBURY PLACE 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 15 SHAFTESBURY PLACE 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
2024 21 MAY	£475,000	£350,822	35% above HPI
1996 28 NOV	£130,000	£78,556	65% above HPI

15 SHAFTESBURY PLACE 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 15 SHAFTESBURY PLACE sales from November 1996 and May 2024 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 November 1996 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the May 2024 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 15 SHAFTESBURY PLACE?

15 SHAFTESBURY PLACE is 163m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 20% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 15 SHAFTESBURY PLACE lies on this distribution: 82% of detached houses are smaller than 15 SHAFTESBURY PLACE, and 18% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

15 SHAFTESBURY PLACE: Plot and Title Map

15 SHAFTESBURY PLACE sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of 15 SHAFTESBURY PLACE, 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 15 SHAFTESBURY PLACE). 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 15 SHAFTESBURY PLACE?

15 SHAFTESBURY PLACE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 15 on SHAFTESBURY PLACE.