40, KNOWE HILL CRESCENT, LANCASTER, LA1 4JY - £163,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 KNOWE HILL CRESCENT is a very small extended semi-detached house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £207,582. It was last sold for £163,500 in August 2020, which was around 4% below the average August 2020 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

40 KNOWE HILL CRESCENT Sold Prices

Land registry data shows two sales for 40 KNOWE HILL CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. One of the two 40 KNOWE HILL CRESCENT sales was for below the average price, whilst the other was 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
2020 20 AUG	£163,500	£169,500	4% below HPI
2006 20 DEC	£160,000	£140,071	14% above HPI

40 KNOWE HILL CRESCENT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 40 KNOWE HILL CRESCENT sales from December 2006 and August 2020 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 December 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 40 KNOWE HILL CRESCENT be worth now?

40 KNOWE HILL CRESCENT might now be worth an estimated £207,582.

This is based on house price inflation of 27%, between August 2020 and February 2025, for semi-detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27% inflationary increase is applied to the most recent sale price for 40 KNOWE HILL CRESCENT of £163,500 on 20th August 2020. For the value to have increased from £163,500 to £207,582 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 40 KNOWE HILL CRESCENT has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The August 2020 sale price of £163,500 represented a fair market value for the property.
• The size, condition, and specification of 40 KNOWE HILL CRESCENT has not materially changed since August 2020.

How Large is 40 KNOWE HILL CRESCENT?

40 KNOWE HILL CRESCENT is 67m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of semi-detached houses houses in Lancaster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lancaster, and where 40 KNOWE HILL CRESCENT lies on this distribution: 3% of semi-detached houses houses are smaller than 40 KNOWE HILL CRESCENT, and 97% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

40 KNOWE HILL CRESCENT: Plot and Title Map

40 KNOWE HILL CRESCENT sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 40 KNOWE HILL CRESCENT, 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 40 KNOWE HILL CRESCENT). 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 40 KNOWE HILL CRESCENT?

40 KNOWE HILL CRESCENT is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 40 on KNOWE HILL CRESCENT.