16, HEST BANK LANE, HEST BANK, LANCASTER, LA2 6DB - £330,000

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

16 HEST BANK LANE is a small detached house of 110m², built sometime between 1950 and 1966. It was last sold for £330,000 in August 2020, which was around 19% above the average August 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

16 HEST BANK LANE Sold Prices

Land registry data shows two sales for 16 HEST BANK LANE 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. One of the two 16 HEST BANK LANE sales was for above the average price, whilst the other was 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
2020 7 AUG	£330,000	£276,173	19% above HPI
2003 16 SEP	£130,000	£158,373	18% below HPI

16 HEST BANK LANE 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 16 HEST BANK LANE sales from September 2003 and August 2020 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 September 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2020 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 16 HEST BANK LANE?

16 HEST BANK LANE is 110m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in Hest Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Hest Bank, and where 16 HEST BANK LANE lies on this distribution: 33% of detached houses are smaller than 16 HEST BANK LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Hest Bank.

16 HEST BANK LANE: Plot and Title Map

16 HEST BANK LANE sits on a plot of roughly 0.216 of an acre, or 873m². The below map shows the location of 16 HEST BANK LANE, 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 HEST BANK LANE). 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 16 HEST BANK LANE?

16 HEST BANK LANE is located in HEST BANK, in the LA2 postcode district. The below map shows the position of No. 16 on HEST BANK LANE.