2, THE HAWTHORNS, LANCASTER, LA1 4PJ - £360,000

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 THE HAWTHORNS is a large detached house of 130m², built sometime between 1996 and 2002. It was last sold for £360,000 in March 2016, which was around 51% above the average March 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

2 THE HAWTHORNS Sold Prices

Land registry data shows three sales for 2 THE HAWTHORNS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the three 2 THE HAWTHORNS 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
2016 23 MAR	£360,000	£237,955	51% above HPI
2003 6 MAY	£180,000	£142,286	27% above HPI
1998 29 MAY	£125,000	£83,691	49% above HPI

2 THE HAWTHORNS 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 three 2 THE HAWTHORNS sales between May 1998 and March 2016 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 May 2003 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2016 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 2 THE HAWTHORNS?

2 THE HAWTHORNS is 130m² according to the EPC inspection conducted in October 2015. This puts it in the largest 40% 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 THE HAWTHORNS lies on this distribution: 61% of detached houses are smaller than 2 THE HAWTHORNS, and 39% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

2 THE HAWTHORNS: Plot and Title Map

2 THE HAWTHORNS sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 2 THE HAWTHORNS, 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 THE HAWTHORNS). 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 THE HAWTHORNS?

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