2, CRAG BANK ROAD, CARNFORTH, LA5 9EG - £270,000

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

2 CRAG BANK ROAD is a large extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £270,000 in December 2020, which was around 5% below the average December 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

2 CRAG BANK ROAD Sold Prices

Land registry data shows two sales for 2 CRAG BANK 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. One of the two 2 CRAG BANK ROAD 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
2020 2 DEC	£270,000	£284,916	5% below HPI
1998 12 JUN	£94,950	£82,436	15% above HPI

2 CRAG BANK 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 2 CRAG BANK ROAD sales from June 1998 and December 2020 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 June 1998 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 CRAG BANK ROAD?

2 CRAG BANK ROAD is 117m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses in Carnforth, based on EPC data. The below chart shows the distribution of detached houses by size in Carnforth, and where 2 CRAG BANK ROAD lies on this distribution: 76% of detached houses are smaller than 2 CRAG BANK ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Carnforth.

2 CRAG BANK ROAD: Plot and Title Map

2 CRAG BANK ROAD sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 2 CRAG BANK 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 2 CRAG BANK 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 2 CRAG BANK ROAD?

2 CRAG BANK ROAD is located in CARNFORTH, in the LA5 postcode district. The below map shows the position of No. 2 on CRAG BANK ROAD.