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
2 BARLEY COP LANE is a very small detached house of 92m², built sometime before 1900. It was last sold for £132,000 in May 2017, which was around 47% below the average May 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was E.
Land registry data shows four sales for 2 BARLEY COP LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the four 2 BARLEY COP LANE sales were 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 |
---|---|---|---|
2017 12 MAY | £132,000 | £250,184 | 47% below HPI |
2009 28 AUG | £150,000 | £214,400 | 30% below HPI |
2002 15 NOV | £74,500 | £132,759 | 44% below HPI |
1996 20 DEC | £49,950 | £78,831 | 37% below HPI |
The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The four 2 BARLEY COP LANE sales between December 1996 and May 2017 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 August 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2017 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.
2 BARLEY COP LANE is 92m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 2 BARLEY COP LANE lies on this distribution: 18% of detached houses are smaller than 2 BARLEY COP LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Lancaster.
2 BARLEY COP LANE sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 2 BARLEY COP 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 2 BARLEY COP 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.
2 BARLEY COP LANE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 2 on BARLEY COP LANE.