18, WELL LANE, WARTON, CARNFORTH, LA5 9QZ - £213,000

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 WELL LANE is a small semi-detached house of 118m², built sometime between 1967 and 1975. It was last sold for £213,000 in August 2013, which was around 5% below the average August 2013 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

18 WELL LANE Sold Prices

Land registry data shows two sales for 18 WELL 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 18 WELL LANE sales was for below the average price, whilst the other was 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
2013 7 AUG	£213,000	£224,975	5% below HPI
1996 1 NOV	£80,500	£78,556	2% above HPI

18 WELL 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 18 WELL LANE sales from November 1996 and August 2013 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 November 1996 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2013 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 18 WELL LANE?

18 WELL LANE is 118m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% of detached houses in Warton, based on EPC data. The below chart shows the distribution of detached houses by size in Warton, and where 18 WELL LANE lies on this distribution: 40% of detached houses are smaller than 18 WELL LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Warton.

18 WELL LANE: Plot and Title Map

18 WELL LANE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 18 WELL 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 18 WELL 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 18 WELL LANE?

18 WELL LANE is located in WARTON, in the LA5 postcode district. The below map shows the position of No. 18 on WELL LANE.