28, SKEW BRIDGE LANE, GALGATE, LANCASTER, LA2 0LD - £195,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 SKEW BRIDGE LANE is a very small detached house of 88m². It was last sold for £195,000 in March 2020, which was around 25% below the average March 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2016, where the current energy rating was A, and the potential energy rating was A.

28 SKEW BRIDGE LANE Sold Prices

Land registry data shows two sales for 28 SKEW BRIDGE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 28 SKEW BRIDGE LANE 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
2020 17 MAR	£195,000	£261,039	25% below HPI
2016 29 APR	£204,995	£238,667	14% below HPI

28 SKEW BRIDGE LANE 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 two 28 SKEW BRIDGE LANE sales from April 2016 and March 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 April 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 28 SKEW BRIDGE LANE?

28 SKEW BRIDGE LANE is 88m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses in Galgate, based on EPC data. The below chart shows the distribution of detached houses by size in Galgate, and where 28 SKEW BRIDGE LANE lies on this distribution: 12% of detached houses are smaller than 28 SKEW BRIDGE LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Galgate.

28 SKEW BRIDGE LANE: Plot and Title Map

28 SKEW BRIDGE LANE sits on a plot of roughly 2.5 acres, or 10,085m². The below map shows the location of 28 SKEW BRIDGE LANE, 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 28 SKEW BRIDGE LANE). 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 28 SKEW BRIDGE LANE?

28 SKEW BRIDGE LANE is located in GALGATE, in the LA2 postcode district. The below map shows the position of No. 28 on SKEW BRIDGE LANE.