2, PEACOCK CRESCENT, HEST BANK, LANCASTER, LA2 6EW - £395,000

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 PEACOCK CRESCENT is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £395,000 in June 2023, which was around 19% above the average June 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

2 PEACOCK CRESCENT Sold Prices

Land registry data shows two sales for 2 PEACOCK CRESCENT 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 PEACOCK CRESCENT 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
2023 16 JUN	£395,000	£331,497	19% above HPI
2003 27 AUG	£195,000	£156,318	25% above HPI

2 PEACOCK CRESCENT 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 PEACOCK CRESCENT sales from August 2003 and June 2023 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 August 2003 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2023 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 2 PEACOCK CRESCENT?

2 PEACOCK CRESCENT is 73m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in Hest Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Hest Bank, and where 2 PEACOCK CRESCENT lies on this distribution: 5% of detached houses are smaller than 2 PEACOCK CRESCENT, and 95% of houses are larger. Note that EPC data is not available for all properties in Hest Bank.

2 PEACOCK CRESCENT: Plot and Title Map

2 PEACOCK CRESCENT sits on a plot of roughly 0.193 of an acre, or 780m². The below map shows the location of 2 PEACOCK CRESCENT, 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 PEACOCK CRESCENT). 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 PEACOCK CRESCENT?

2 PEACOCK CRESCENT is located in HEST BANK, in the LA2 postcode district. The below map shows the position of No. 2 on PEACOCK CRESCENT.