22, ELMWOOD GARDENS, LANCASTER, LA1 4PG - £350,000

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

22 ELMWOOD GARDENS is a midsized detached house of 123m², built sometime between 1983 and 1990. It was last sold for £350,000 in February 2020, which was around 35% above the average February 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

22 ELMWOOD GARDENS Sold Prices

Land registry data shows four sales for 22 ELMWOOD GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the four 22 ELMWOOD GARDENS 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
2020 28 FEB	£350,000	£258,621	35% above HPI
2011 13 JUL	£340,000	£214,322	59% above HPI
2003 12 DEC	£195,000	£161,819	21% above HPI
1997 7 FEB	£117,000	£76,508	53% above HPI

22 ELMWOOD GARDENS 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 four 22 ELMWOOD GARDENS sales between February 1997 and February 2020 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 July 2011 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the February 2020 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 22 ELMWOOD GARDENS?

22 ELMWOOD GARDENS is 123m² according to the EPC inspection conducted in April 2011. This puts it in the largest 50% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 22 ELMWOOD GARDENS lies on this distribution: 56% of detached houses are smaller than 22 ELMWOOD GARDENS, and 44% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

22 ELMWOOD GARDENS: Plot and Title Map

22 ELMWOOD GARDENS sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 22 ELMWOOD GARDENS, 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 22 ELMWOOD GARDENS). 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 22 ELMWOOD GARDENS?

22 ELMWOOD GARDENS is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 22 on ELMWOOD GARDENS.