291, BOWERHAM ROAD, LANCASTER, LA1 4AS - £440,000

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

291 BOWERHAM ROAD is a large detached house of 131m², built in 2020. It was last sold for £440,000 in August 2022, which was around 34% above the average August 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2022, where the current energy rating was B, and the potential energy rating was A.

291 BOWERHAM ROAD Sold Prices

Land registry data shows two sales for 291 BOWERHAM ROAD 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 291 BOWERHAM ROAD 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
2022 19 AUG	£440,000	£328,442	34% above HPI
2019 13 JUN	£1,100,000	£258,206	326% above HPI

291 BOWERHAM ROAD 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 291 BOWERHAM ROAD sales from June 2019 and August 2022 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 June 2019 sale was for 326% above the HPI. So the extrapolation line tracks at 326% above the HPI over time, until the August 2022 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 291 BOWERHAM ROAD?

291 BOWERHAM ROAD is 131m² according to the EPC inspection conducted in July 2022. This puts it in the largest 40% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 291 BOWERHAM ROAD lies on this distribution: 62% of detached houses are smaller than 291 BOWERHAM ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

291 BOWERHAM ROAD: Plot and Title Map

291 BOWERHAM ROAD sits on a plot of roughly 3.4 acres, or 13,945m². The below map shows the location of 291 BOWERHAM ROAD, 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 291 BOWERHAM ROAD). 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 291 BOWERHAM ROAD?

291 BOWERHAM ROAD is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 291 on BOWERHAM ROAD.