48, DENNISON CLOSE, LANCASTER, LA1 3SX - £315,000

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

48 DENNISON CLOSE is a small detached house of 112m². It was last sold for £315,000 in April 2021, which was around 8% above the average April 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was A.

48 DENNISON CLOSE Sold Prices

Land registry data shows two sales for 48 DENNISON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 48 DENNISON CLOSE 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 23 APR	£315,000	£291,347	8% above HPI
2018 28 MAR	£302,995	£253,416	20% above HPI

48 DENNISON CLOSE 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 two 48 DENNISON CLOSE sales from March 2018 and April 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 March 2018 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the April 2021 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 48 DENNISON CLOSE?

48 DENNISON CLOSE is 112m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 48 DENNISON CLOSE lies on this distribution: 40% of detached houses are smaller than 48 DENNISON CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

48 DENNISON CLOSE: Plot and Title Map

48 DENNISON CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 48 DENNISON CLOSE, 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 48 DENNISON CLOSE). 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 48 DENNISON CLOSE?

48 DENNISON CLOSE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 48 on DENNISON CLOSE.