5, PINEWOOD CLOSE, LANCASTER, LA2 0AD - £445,000

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

5 PINEWOOD CLOSE is a very large extended detached house of 247m², built sometime between 1967 and 1975. It was last sold for £445,000 in November 2013, which was around 99% above the average November 2013 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was C.

5 PINEWOOD CLOSE Sold Prices

Land registry data shows three sales for 5 PINEWOOD CLOSE 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 5 PINEWOOD 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
2013 28 NOV	£445,000	£223,209	99% above HPI
2009 17 AUG	£375,000	£214,400	75% above HPI
2001 23 AUG	£195,000	£102,910	89% above HPI

5 PINEWOOD 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 three 5 PINEWOOD CLOSE sales between August 2001 and November 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 August 2009 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the November 2013 sale, where it rises to 99% above the HPI. The line then continues to track at 99% above the HPI.

How Large is 5 PINEWOOD CLOSE?

5 PINEWOOD CLOSE is 247m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 10% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 5 PINEWOOD CLOSE lies on this distribution: 97% of detached houses are smaller than 5 PINEWOOD CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

5 PINEWOOD CLOSE: Plot and Title Map

5 PINEWOOD CLOSE sits on a plot of roughly 0.331 of an acre, or 1,339m². The below map shows the location of 5 PINEWOOD 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 5 PINEWOOD 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 5 PINEWOOD CLOSE?

5 PINEWOOD CLOSE is located in LANCASTER, in the LA2 postcode district. The below map shows the position of No. 5 on PINEWOOD CLOSE.