3, PEACOCK LANE, HEST BANK, LANCASTER, LA2 6EN - £425,000

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 PEACOCK LANE is a midsized extended detached house of 125m², built sometime between 1930 and 1949. It was last sold for £425,000 in February 2021, which was around 47% above the average February 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

3 PEACOCK LANE Sold Prices

Land registry data shows three sales for 3 PEACOCK LANE 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 PEACOCK LANE 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
2021 8 FEB	£425,000	£289,663	47% above HPI
2001 7 SEP	£163,000	£105,096	55% above HPI
1996 23 FEB	£90,000	£77,004	17% above HPI

3 PEACOCK 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 three 3 PEACOCK LANE sales between February 1996 and February 2021 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 September 2001 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the February 2021 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 3 PEACOCK LANE?

3 PEACOCK LANE is 125m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 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 PEACOCK LANE lies on this distribution: 49% of detached houses are smaller than 3 PEACOCK LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Hest Bank.

3 PEACOCK LANE: Plot and Title Map

3 PEACOCK LANE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 3 PEACOCK 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 3 PEACOCK 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 3 PEACOCK LANE?

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