22, SPRUCE AVENUE, LANCASTER, LA1 5LB - £304,500

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 SPRUCE AVENUE is a midsized detached house of 126m², built sometime between 1996 and 2002. It was last sold for £304,500 in May 2019, which was around 18% above the average May 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

22 SPRUCE AVENUE Sold Prices

Land registry data shows three sales for 22 SPRUCE AVENUE 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 22 SPRUCE AVENUE 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
2019 31 MAY	£304,500	£258,003	18% above HPI
2019 28 FEB	£300,000	£261,440	15% above HPI
2000 29 JUN	£164,950	£89,289	85% above HPI

22 SPRUCE 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 three 22 SPRUCE AVENUE sales between June 2000 and May 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 February 2019 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2019 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 22 SPRUCE AVENUE?

22 SPRUCE AVENUE is 126m² according to the EPC inspection conducted in March 2019. 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 SPRUCE AVENUE lies on this distribution: 57% of detached houses are smaller than 22 SPRUCE AVENUE, and 42% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

22 SPRUCE AVENUE: Plot and Title Map

22 SPRUCE AVENUE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 22 SPRUCE 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 SPRUCE 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 SPRUCE AVENUE?

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