2, DERWENT ROAD, LANCASTER, LA1 3ES - £427,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 DERWENT ROAD is a very large extended detached house of 169m², built sometime before 1900. It was last sold for £427,000 in August 2010, which was around 87% above the average August 2010 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was C.

2 DERWENT ROAD Sold Prices

Land registry data shows two sales for 2 DERWENT 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. Both of the two 2 DERWENT ROAD 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
2010 19 AUG	£427,000	£228,510	87% above HPI
1995 3 NOV	£86,000	£81,167	6% above HPI

2 DERWENT 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 DERWENT ROAD sales from November 1995 and August 2010 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 1995 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2010 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is 2 DERWENT ROAD?

2 DERWENT ROAD is 169m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 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 DERWENT ROAD lies on this distribution: 84% of detached houses are smaller than 2 DERWENT ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

2 DERWENT ROAD: Plot and Title Map

2 DERWENT ROAD sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of 2 DERWENT 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 DERWENT 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 DERWENT ROAD?

2 DERWENT ROAD is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 2 on DERWENT ROAD.