24, HODDER PLACE, LANCASTER, LA1 4HR - £245,000

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.

24 HODDER PLACE is a small extended detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £343,641. It was last sold for £245,000 in September 2016, which was around 3% above the average September 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

24 HODDER PLACE Sold Prices

Land registry data shows three sales for 24 HODDER PLACE 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. Two of the three 24 HODDER PLACE sales were for above the average price, whilst one was 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
2016 30 SEP	£245,000	£238,145	3% above HPI
2009 8 DEC	£214,400	£218,641	2% below HPI
2003 30 OCT	£192,500	£155,979	23% above HPI

24 HODDER PLACE 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 24 HODDER PLACE sales between October 2003 and September 2016 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 December 2009 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2016 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 24 HODDER PLACE be worth now?

24 HODDER PLACE might now be worth an estimated £343,641.

This is based on house price inflation of 40.3%, between September 2016 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 40.3% inflationary increase is applied to the most recent sale price for 24 HODDER PLACE of £245,000 on 30th September 2016. For the value to have increased from £245,000 to £343,641 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 24 HODDER PLACE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The September 2016 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 24 HODDER PLACE has not materially changed since September 2016.

How Large is 24 HODDER PLACE?

24 HODDER PLACE is 97m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the smallest 30% 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 24 HODDER PLACE lies on this distribution: 21% of detached houses houses are smaller than 24 HODDER PLACE, and 79% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

24 HODDER PLACE: Plot and Title Map

24 HODDER PLACE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 24 HODDER PLACE, 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 24 HODDER PLACE). 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 24 HODDER PLACE?

24 HODDER PLACE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 24 on HODDER PLACE.