18, ALDERMAN ROAD, LANCASTER, LA1 5FW - £435,000

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

18 ALDERMAN ROAD is a very large extended detached house of 195m², built sometime between 2003 and 2006. It was last sold for £435,000 in December 2019, which was around 62% above the average December 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

18 ALDERMAN ROAD Sold Prices

Land registry data shows two sales for 18 ALDERMAN ROAD 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 18 ALDERMAN ROAD 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
2019 11 DEC	£435,000	£268,791	62% above HPI
2002 30 MAY	£214,995	£111,081	94% above HPI

18 ALDERMAN ROAD 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 18 ALDERMAN ROAD sales from May 2002 and December 2019 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 May 2002 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the December 2019 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 18 ALDERMAN ROAD?

18 ALDERMAN ROAD is 195m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 18 ALDERMAN ROAD lies on this distribution: 92% of detached houses are smaller than 18 ALDERMAN ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

18 ALDERMAN ROAD: Plot and Title Map

18 ALDERMAN ROAD sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 18 ALDERMAN 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 18 ALDERMAN 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.

Where is 18 ALDERMAN ROAD?

18 ALDERMAN ROAD is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 18 on ALDERMAN ROAD.