23, THE PIAZZA, LANCASTER, LA1 3FJ - £350,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

23 THE PIAZZA is a very large detached house of 160m², built sometime between 1996 and 2002. It was last sold for £350,000 in May 2023, which was around 7% above the average May 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

23 THE PIAZZA Sold Prices

Land registry data shows four sales for 23 THE PIAZZA 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 23 THE PIAZZA 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
2023 19 MAY	£350,000	£326,951	7% above HPI
2018 16 FEB	£288,000	£256,700	12% above HPI
2001 1 AUG	£140,000	£102,910	36% above HPI
1999 22 OCT	£130,000	£88,346	47% above HPI

23 THE PIAZZA 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 23 THE PIAZZA sales between October 1999 and May 2023 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 2018 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2023 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 23 THE PIAZZA?

23 THE PIAZZA is 160m² according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 23 THE PIAZZA lies on this distribution: 81% of detached houses are smaller than 23 THE PIAZZA, and 18% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

23 THE PIAZZA: Plot and Title Map

23 THE PIAZZA sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 23 THE PIAZZA, 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 23 THE PIAZZA). 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 23 THE PIAZZA?

23 THE PIAZZA is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 23 on THE PIAZZA.