3, GREENACRE ROAD, HEST BANK, LANCASTER, LA2 6HD - £370,000

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 GREENACRE ROAD is a midsized detached house of 129m², built sometime between 1950 and 1966. It was last sold for £370,000 in January 2024, which was around 8% above the average January 2024 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

3 GREENACRE ROAD Sold Prices

Land registry data shows two sales for 3 GREENACRE 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. One of the two 3 GREENACRE ROAD sales was for above the average price, whilst the other 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
2024 12 JAN	£370,000	£343,042	8% above HPI
2016 24 MAR	£200,000	£237,955	16% below HPI

3 GREENACRE 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 3 GREENACRE ROAD sales from March 2016 and January 2024 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 March 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2024 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 3 GREENACRE ROAD?

3 GREENACRE ROAD is 129m² according to the EPC inspection conducted in August 2023. This puts it in the largest 50% 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 GREENACRE ROAD lies on this distribution: 53% of detached houses are smaller than 3 GREENACRE ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Hest Bank.

3 GREENACRE ROAD: Plot and Title Map

3 GREENACRE ROAD sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 3 GREENACRE 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 GREENACRE 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 GREENACRE ROAD?

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