22, PRINCESS AVENUE, LANCASTER, LA1 4RU - £152,000

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.

22 PRINCESS AVENUE is a very small extended detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £194,727. It was last sold for £152,000 in December 2019, which was around 42% below the average December 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

22 PRINCESS AVENUE Sold Prices

Land registry data shows four sales for 22 PRINCESS AVENUE 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 PRINCESS AVENUE sales were for below 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
2019 9 DEC	£152,000	£260,734	42% below HPI
2009 19 MAY	£157,000	£196,867	20% below HPI
1997 27 JUN	£50,000	£78,707	36% below HPI
1995 2 JUN	£33,000	£78,651	58% below HPI

22 PRINCESS AVENUE 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 PRINCESS AVENUE sales between June 1995 and December 2019 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 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2019 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 22 PRINCESS AVENUE be worth now?

22 PRINCESS AVENUE might now be worth an estimated £194,727.

This is based on house price inflation of 28.1%, between December 2019 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 28.1% inflationary increase is applied to the most recent sale price for 22 PRINCESS AVENUE of £152,000 on 9th December 2019. For the value to have increased from £152,000 to £194,727 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 22 PRINCESS AVENUE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The December 2019 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 22 PRINCESS AVENUE has not materially changed since December 2019.

How Large is 22 PRINCESS AVENUE?

22 PRINCESS AVENUE is 75m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% 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 22 PRINCESS AVENUE lies on this distribution: 5% of detached houses houses are smaller than 22 PRINCESS AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

22 PRINCESS AVENUE: Plot and Title Map

22 PRINCESS AVENUE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 22 PRINCESS AVENUE, 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 PRINCESS AVENUE). 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 PRINCESS AVENUE?

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