3, COASTAL ROAD, HEST BANK, LANCASTER, LA2 6HL - £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

3 COASTAL ROAD is a very large extended detached house of 196m², built sometime between 1950 and 1966. It was last sold for £440,000 in October 2009, which was around 100% above the average October 2009 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

3 COASTAL ROAD Sold Prices

Land registry data shows three sales for 3 COASTAL ROAD 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 3 COASTAL 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
2009 16 OCT	£440,000	£219,871	100% above HPI
2003 28 APR	£225,000	£134,177	68% above HPI
2000 4 AUG	£150,000	£91,558	64% above HPI

3 COASTAL 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 three 3 COASTAL ROAD sales between August 2000 and October 2009 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 2003 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the October 2009 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

How Large is 3 COASTAL ROAD?

3 COASTAL ROAD is 196m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 20% of detached houses in Hest Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Hest Bank, and where 3 COASTAL ROAD lies on this distribution: 86% of detached houses are smaller than 3 COASTAL ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Hest Bank.

3 COASTAL ROAD: Plot and Title Map

3 COASTAL ROAD sits on a plot of roughly 0.277 of an acre, or 1,122m². The below map shows the location of 3 COASTAL 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 3 COASTAL 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 3 COASTAL ROAD?

3 COASTAL ROAD is located in HEST BANK, in the LA2 postcode district. The below map shows the position of No. 3 on COASTAL ROAD.