18, GREENACRE ROAD, HEST BANK, LANCASTER, LA2 6HD - £225,000

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.

18 GREENACRE ROAD is a very small detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £347,537. It was last sold for £225,000 in November 2010, which was around 4% above the average November 2010 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

18 GREENACRE ROAD Sold Prices

Land registry data shows two sales for 18 GREENACRE 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 GREENACRE 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
2010 23 NOV	£225,000	£216,253	4% above HPI
1996 9 FEB	£80,000	£74,696	7% above HPI

18 GREENACRE 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 GREENACRE ROAD sales from February 1996 and November 2010 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 February 1996 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2010 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 18 GREENACRE ROAD be worth now?

18 GREENACRE ROAD might now be worth an estimated £347,537.

This is based on house price inflation of 54.5%, between November 2010 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 54.5% inflationary increase is applied to the most recent sale price for 18 GREENACRE ROAD of £225,000 on 23rd November 2010. For the value to have increased from £225,000 to £347,537 over the fifteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 18 GREENACRE ROAD has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The November 2010 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GREENACRE ROAD has not materially changed since November 2010.

How Large is 18 GREENACRE ROAD?

18 GREENACRE ROAD is 88m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% 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 18 GREENACRE ROAD lies on this distribution: 15% of detached houses houses are smaller than 18 GREENACRE ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Hest Bank.

18 GREENACRE ROAD: Plot and Title Map

18 GREENACRE ROAD sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 18 GREENACRE 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 GREENACRE 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 GREENACRE ROAD?

18 GREENACRE ROAD is located in HEST BANK, in the LA2 postcode district. The below map shows the position of No. 18 on GREENACRE ROAD.