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

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 WOODLANDS is a very large semi-detached house of 339m², built sometime between 1996 and 2002. It was last sold for £672,445 in June 2011, which was around 222% above the average June 2011 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 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	£208,575	222% above HPI
2001 18 OCT	£330,000	£107,863	206% above HPI
1999 3 JUN	£275,000	£85,877	220% above HPI

2 THE WOODLANDS 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 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 206% above the HPI. So the extrapolation line tracks at 206% above the HPI over time, until the June 2011 sale, where it rises to 222% above the HPI. The line then continues to track at 222% above the HPI.

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 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 WOODLANDS lies on this distribution: 99% of detached 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.