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

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 DERWENT ROAD is a very large extended detached house of 169m², built sometime before 1900, which could now be worth an estimated £643,459. It was last sold for £427,000 in August 2010, which was around 93% 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	£221,660	93% above HPI
1995 3 NOV	£86,000	£78,734	9% 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 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2010 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

What might 2 DERWENT ROAD be worth now?

2 DERWENT ROAD might now be worth an estimated £643,459.

This is based on house price inflation of 50.7%, between August 2010 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 50.7% inflationary increase is applied to the most recent sale price for 2 DERWENT ROAD of £427,000 on 19th August 2010. For the value to have increased from £427,000 to £643,459 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 2 DERWENT ROAD has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The August 2010 sale price of £427,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DERWENT ROAD has not materially changed since August 2010.

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 houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancaster, and where 2 DERWENT ROAD lies on this distribution: 84% of detached houses 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.