2, HALL CLOSE, CATON, LANCASTER, LA2 9PY - £245,000

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 HALL CLOSE is a midsized detached house of 114m², built sometime between 1976 and 1982. It was last sold for £245,000 in February 2019, which was around 6% below the average February 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

2 HALL CLOSE Sold Prices

Land registry data shows two sales for 2 HALL CLOSE 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 HALL CLOSE 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
2019 1 FEB	£245,000	£261,440	6% below HPI
1996 12 DEC	£58,000	£78,831	26% below HPI

2 HALL CLOSE 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 HALL CLOSE sales from December 1996 and February 2019 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 December 1996 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 HALL CLOSE?

2 HALL CLOSE is 114m² according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses in Caton, based on EPC data. The below chart shows the distribution of detached houses by size in Caton, and where 2 HALL CLOSE lies on this distribution: 47% of detached houses are smaller than 2 HALL CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Caton.

2 HALL CLOSE: Plot and Title Map

2 HALL CLOSE sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 2 HALL CLOSE, 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 HALL CLOSE). 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 HALL CLOSE?

2 HALL CLOSE is located in CATON, in the LA2 postcode district. The below map shows the position of No. 2 on HALL CLOSE.