38A, WATERY LANE, LANCASTER, LA1 2SQ - £198,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

38A WATERY LANE is a large extended detached house of 140m², built sometime between 1930 and 1949. It was last sold for £198,000 in September 2013, which was around 12% below the average September 2013 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was C.

38A WATERY LANE Sold Prices

Land registry data shows three sales for 38A WATERY 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 38A WATERY 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
2013 30 SEP	£198,000	£225,059	12% below HPI
2002 14 JUN	£89,000	£114,177	22% below HPI
1995 20 SEP	£40,000	£83,340	52% below HPI

38A WATERY 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 38A WATERY LANE sales between September 1995 and September 2013 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 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2013 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 38A WATERY LANE?

38A WATERY LANE is 140m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 30% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 38A WATERY LANE lies on this distribution: 71% of detached houses are smaller than 38A WATERY LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

38A WATERY LANE: Plot and Title Map

38A WATERY LANE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 38A WATERY 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 38A WATERY 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 38A WATERY LANE?

38A WATERY LANE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 38A on WATERY LANE.