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
50 KNOWE HILL CRESCENT is a small extended detached house of 98m², built sometime between 1976 and 1982. It was last sold for £279,000 in March 2023, which was around 18% below the average March 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 50 KNOWE HILL CRESCENT since 1st 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 50 KNOWE HILL CRESCENT sales 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 24 MAR | £279,000 | £339,573 | 18% below HPI |
2020 31 JAN | £217,000 | £261,953 | 17% below HPI |
The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 50 KNOWE HILL CRESCENT sales from January 2020 and March 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 January 2020 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.
50 KNOWE HILL CRESCENT is 98m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 50 KNOWE HILL CRESCENT lies on this distribution: 22% of detached houses are smaller than 50 KNOWE HILL CRESCENT, and 77% of houses are larger. Note that EPC data is not available for all properties in Lancaster.
50 KNOWE HILL CRESCENT sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 50 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 50 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.
50 KNOWE HILL CRESCENT is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 50 on KNOWE HILL CRESCENT.