31, COPY LANE, CATON, LANCASTER, LA2 9QZ - £172,000

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

31 COPY LANE is a very small extended detached house of 60m², built sometime from 2007 onwards. It was last sold for £172,000 in October 2017, which was around 30% below the average October 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

31 COPY LANE Sold Prices

Land registry data shows four sales for 31 COPY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the four 31 COPY 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
2017 6 OCT	£172,000	£246,532	30% below HPI
2013 21 OCT	£152,000	£226,274	33% below HPI
2011 18 OCT	£151,500	£218,640	31% below HPI
2009 21 SEP	£75,000	£213,246	65% below HPI

31 COPY 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 four 31 COPY LANE sales between September 2009 and October 2017 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 October 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2017 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 31 COPY LANE?

31 COPY LANE is 60m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of detached houses in Caton, based on EPC data. The below chart shows the distribution of detached houses by size in Caton, and where 31 COPY LANE lies on this distribution: 3% of detached houses are smaller than 31 COPY LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Caton.

31 COPY LANE: Plot and Title Map

31 COPY LANE sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 31 COPY 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 31 COPY 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 31 COPY LANE?

31 COPY LANE is located in CATON, in the LA2 postcode district. The below map shows the position of No. 31 on COPY LANE.