39B, WATERY LANE, LANCASTER, LA1 2SQ - £359,280

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

39B WATERY LANE is a midsized extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £359,280 in August 2023, which was around 3% above the average August 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

39B WATERY LANE Sold Prices

Land registry data shows three sales for 39B 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. One of the three 39B WATERY LANE sales was for above the average price, whilst two 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
2023 2 AUG	£359,280	£349,876	3% above HPI
2019 27 SEP	£260,000	£264,860	2% below HPI
2013 26 JUL	£193,000	£222,183	13% below HPI

39B 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 39B WATERY LANE sales between July 2013 and August 2023 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 2019 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2023 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 39B WATERY LANE?

39B WATERY LANE is 116m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 50% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 39B WATERY LANE lies on this distribution: 45% of detached houses are smaller than 39B WATERY LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

39B WATERY LANE: Plot and Title Map

39B WATERY LANE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 39B 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 39B 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 39B WATERY LANE?

39B WATERY LANE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 39B on WATERY LANE.