2, THE WOODLANDS, PARKGATE DRIVE, LANCASTER, LA1 3FN - £672,445

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 THE WOODLANDS is a very large semi-detached house of 339m², built sometime between 1996 and 2002, which could now be worth an estimated £1,133,826. It was last sold for £672,445 in June 2011, which was around 427% above the average June 2011 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

2 THE WOODLANDS Sold Prices

Land registry data shows three sales for 2 THE WOODLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. All of the three 2 THE WOODLANDS 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
2011 30 JUN	£672,445	£127,630	427% above HPI
2001 18 OCT	£330,000	£61,425	437% above HPI
1999 3 JUN	£275,000	£50,219	448% above HPI

2 THE WOODLANDS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lancaster local authority area over time, sourced from the HPI. The three 2 THE WOODLANDS sales between June 1999 and June 2011 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 October 2001 sale was for 437% above the HPI. So the extrapolation line tracks at 437% above the HPI over time, until the June 2011 sale, where it falls to 427% above the HPI. The line then continues to track at 427% above the HPI.

What might 2 THE WOODLANDS be worth now?

2 THE WOODLANDS might now be worth an estimated £1,133,826.

This is based on house price inflation of 68.6%, between June 2011 and February 2025, for semi-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 68.6% inflationary increase is applied to the most recent sale price for 2 THE WOODLANDS of £672,445 on 30th June 2011. For the value to have increased from £672,445 to £1,133,826 over the fourteen years and four months to February 2025, the following assumptions must hold true:

• The value of 2 THE WOODLANDS has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The June 2011 sale price of £672,445 represented a fair market value for the property.
• The size, condition, and specification of 2 THE WOODLANDS has not materially changed since June 2011.

How Large is 2 THE WOODLANDS?

2 THE WOODLANDS is 339m² according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of semi-detached houses houses in Lancaster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lancaster, and where 2 THE WOODLANDS lies on this distribution: 99% of semi-detached houses houses are smaller than 2 THE WOODLANDS, and 1% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

2 THE WOODLANDS: Plot and Title Map

2 THE WOODLANDS sits on a plot of roughly 0.543 of an acre, or 2,198m². The below map shows the location of 2 THE WOODLANDS, 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 WOODLANDS). 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 WOODLANDS?

2 THE WOODLANDS is located on PARKGATE DRIVE in LANCASTER, in the LA1 postcode district. The below map shows the position of 2 THE WOODLANDS on PARKGATE DRIVE.