16A, HEST BANK LANE, HEST BANK, LANCASTER, LA2 6DB - £260,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16A HEST BANK LANE is a large extended detached house of 142m², built sometime between 1976 and 1982, which could now be worth an estimated £352,382. It was last sold for £260,000 in June 2020, which was around 5% above the average June 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

16A HEST BANK LANE Sold Prices

Land registry data shows three sales for 16A HEST BANK LANE since 1^st 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 16A HEST BANK LANE 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
2020 15 JUN	£260,000	£246,456	5% above HPI
2019 30 OCT	£325,000	£260,991	25% above HPI
1999 1 OCT	£167,000	£85,698	95% above HPI

16A 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 three 16A HEST BANK LANE sales between October 1999 and June 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 October 2019 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2020 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 16A HEST BANK LANE be worth now?

16A HEST BANK LANE might now be worth an estimated £352,382.

This is based on house price inflation of 35.5%, between June 2020 and February 2025, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.5% inflationary increase is applied to the most recent sale price for 16A HEST BANK LANE of £260,000 on 15th June 2020. For the value to have increased from £260,000 to £352,382 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 16A HEST BANK LANE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The June 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 16A HEST BANK LANE has not materially changed since June 2020.

How Large is 16A HEST BANK LANE?

16A HEST BANK LANE is 142m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 40% of detached houses houses in Hest Bank, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hest Bank, and where 16A HEST BANK LANE lies on this distribution: 64% of detached houses houses are smaller than 16A HEST BANK LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Hest Bank.

16A HEST BANK LANE: Plot and Title Map

16A HEST BANK LANE sits on a plot of roughly 0.175 of an acre, or 710m². The below map shows the location of 16A 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 16A 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 16A HEST BANK LANE?

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