Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 VICARAGE AVENUE is a midsized detached house of 115m², built sometime between 1950 and 1966. It was last sold for £370,000 in March 2022, which was around 18% above the average March 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 VICARAGE AVENUE since 1st 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. Two of the three 5 VICARAGE AVENUE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2022 31 MAR | £370,000 | £314,669 | 18% above HPI |
2014 1 AUG | £249,950 | £232,596 | 7% above HPI |
2012 25 MAY | £172,000 | £217,357 | 21% below HPI |
The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The three 5 VICARAGE AVENUE sales between May 2012 and March 2022 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 2014 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2022 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.
5 VICARAGE AVENUE is 115m² according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses in Caton, based on EPC data. The below chart shows the distribution of detached houses by size in Caton, and where 5 VICARAGE AVENUE lies on this distribution: 56% of detached houses are smaller than 5 VICARAGE AVENUE, and 42% of houses are larger. Note that EPC data is not available for all properties in Caton.
5 VICARAGE AVENUE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 5 VICARAGE AVENUE, 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 VICARAGE AVENUE). 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.
5 VICARAGE AVENUE is located in BROOKHOUSE, in the LA2 postcode district. The below map shows the position of No. 5 on VICARAGE AVENUE.