2, REDWOOD HEIGHTS, LANCASTER, LA1 3FG - £250,000

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 REDWOOD HEIGHTS is a very large detached house of 184m², built sometime between 1996 and 2002, which could now be worth an estimated £964,134. It was last sold for £250,000 in June 2000, which was around 189% above the average June 2000 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

2 REDWOOD HEIGHTS Sold Prices

Land registry data shows two sales for 2 REDWOOD HEIGHTS 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 REDWOOD HEIGHTS 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
2000 30 JUN	£250,000	£86,613	189% above HPI
1999 30 SEP	£227,000	£85,001	167% above HPI

2 REDWOOD HEIGHTS 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 REDWOOD HEIGHTS sales from September 1999 and June 2000 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 September 1999 sale was for 167% above the HPI. So the extrapolation line tracks at 167% above the HPI over time, until the June 2000 sale, where it rises to 189% above the HPI. The line then continues to track at 189% above the HPI.

What might 2 REDWOOD HEIGHTS be worth now?

2 REDWOOD HEIGHTS might now be worth an estimated £964,134.

This is based on house price inflation of 285.7%, between June 2000 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 285.7% inflationary increase is applied to the most recent sale price for 2 REDWOOD HEIGHTS of £250,000 on 30th June 2000. For the value to have increased from £250,000 to £964,134 over the 25 years and four months to February 2025, the following assumptions must hold true:

• The value of 2 REDWOOD HEIGHTS has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The June 2000 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 REDWOOD HEIGHTS has not materially changed since June 2000.

How Large is 2 REDWOOD HEIGHTS?

2 REDWOOD HEIGHTS is 184m² according to the EPC inspection conducted in November 2014. 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 REDWOOD HEIGHTS lies on this distribution: 90% of detached houses houses are smaller than 2 REDWOOD HEIGHTS, and 10% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

2 REDWOOD HEIGHTS: Plot and Title Map

2 REDWOOD HEIGHTS sits on a plot of roughly 0.289 of an acre, or 1,170m². The below map shows the location of 2 REDWOOD HEIGHTS, 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 REDWOOD HEIGHTS). 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 REDWOOD HEIGHTS?

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