Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources
16 CEDARWOOD PLACE is a small extended detached house of 97m², built sometime between 1996 and 2002. It was last sold for £312,500 in May 2011, which was around 47% above the average May 2011 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 16 CEDARWOOD PLACE 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. All of the three 16 CEDARWOOD 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 |
---|---|---|---|
2011 11 MAY | £312,500 | £213,202 | 47% above HPI |
2000 9 JUN | £126,500 | £89,289 | 42% above HPI |
1998 15 DEC | £124,500 | £81,840 | 52% above HPI |
The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The three 16 CEDARWOOD PLACE sales between December 1998 and May 2011 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 2000 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the May 2011 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.
16 CEDARWOOD PLACE is 97m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 16 CEDARWOOD PLACE lies on this distribution: 21% of detached houses are smaller than 16 CEDARWOOD PLACE, and 78% of houses are larger. Note that EPC data is not available for all properties in Lancaster.
16 CEDARWOOD PLACE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 16 CEDARWOOD 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 16 CEDARWOOD 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.
16 CEDARWOOD PLACE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 16 on CEDARWOOD PLACE.