2, BEECH GROVE, SLYNE, LANCASTER, LA2 6AJ - £245,000

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.

2 BEECH GROVE is a midsized extended detached house of 119m², built sometime between 1930 and 1949, which could now be worth an estimated £362,711. It was last sold for £245,000 in August 2014, which was around 9% above the average August 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

2 BEECH GROVE Sold Prices

Land registry data shows two sales for 2 BEECH GROVE 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 2 BEECH GROVE 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
2014 28 AUG	£245,000	£225,624	9% above HPI
2003 5 SEP	£195,000	£153,626	27% above HPI

2 BEECH GROVE 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 2 BEECH GROVE sales from September 2003 and August 2014 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 2003 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the August 2014 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 BEECH GROVE be worth now?

2 BEECH GROVE might now be worth an estimated £362,711.

This is based on house price inflation of 48%, between August 2014 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 48% inflationary increase is applied to the most recent sale price for 2 BEECH GROVE of £245,000 on 28th August 2014. For the value to have increased from £245,000 to £362,711 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 2 BEECH GROVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The August 2014 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BEECH GROVE has not materially changed since August 2014.

How Large is 2 BEECH GROVE?

2 BEECH GROVE is 119m², which includes two extensions, according to the EPC inspection conducted in February 2011. This puts it in the largest 50% of detached houses houses in Slyne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Slyne, and where 2 BEECH GROVE lies on this distribution: 56% of detached houses houses are smaller than 2 BEECH GROVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Slyne.

2 BEECH GROVE: Plot and Title Map

2 BEECH GROVE sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 2 BEECH GROVE, 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 BEECH GROVE). 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 2 BEECH GROVE?

2 BEECH GROVE is located in SLYNE, in the LA2 postcode district. The below map shows the position of No. 2 on BEECH GROVE.