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 BAY VIEW CRESCENT is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £140,000 in October 2003, which was around 13% below the average October 2003 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 2 BAY VIEW CRESCENT since 1st 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 2 BAY VIEW CRESCENT 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 |
---|---|---|---|
2003 17 OCT | £140,000 | £160,799 | 13% below HPI |
1997 23 SEP | £67,000 | £81,476 | 18% below HPI |
The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 2 BAY VIEW CRESCENT sales from September 1997 and October 2003 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 September 1997 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2003 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.
2 BAY VIEW CRESCENT is 74m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses in Slyne, based on EPC data. The below chart shows the distribution of detached houses by size in Slyne, and where 2 BAY VIEW CRESCENT lies on this distribution: 5% of detached houses are smaller than 2 BAY VIEW CRESCENT, and 95% of houses are larger. Note that EPC data is not available for all properties in Slyne.
2 BAY VIEW CRESCENT sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 2 BAY VIEW CRESCENT, 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 BAY VIEW CRESCENT). 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 BAY VIEW CRESCENT is located in SLYNE, in the LA2 postcode district. The below map shows the position of No. 2 on BAY VIEW CRESCENT.