6, ROYAL OAK MEADOW, HORNBY, LANCASTER, LA2 8LJ - £157,250

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.

6 ROYAL OAK MEADOW is a very small terraced house of 116m², built sometime between 1950 and 1966, which could now be worth an estimated £231,496. It was last sold for £157,250 in October 2014, which was around 35% above the average October 2014 terraced price in the Lancaster local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

6 ROYAL OAK MEADOW Sold Prices

Land registry data shows three sales for 6 ROYAL OAK MEADOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. Two of the three 6 ROYAL OAK MEADOW 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
2014 10 OCT	£157,250	£116,321	35% above HPI
2002 21 MAR	£61,000	£47,300	29% above HPI
2001 30 MAR	£28,000	£41,129	32% below HPI

6 ROYAL OAK MEADOW Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lancaster local authority area over time, sourced from the HPI. The three 6 ROYAL OAK MEADOW sales between March 2001 and October 2014 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 2002 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the October 2014 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 6 ROYAL OAK MEADOW be worth now?

6 ROYAL OAK MEADOW might now be worth an estimated £231,496.

This is based on house price inflation of 47.2%, between October 2014 and July 2025, for terraced 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 47.2% inflationary increase is applied to the most recent sale price for 6 ROYAL OAK MEADOW of £157,250 on 10th October 2014. For the value to have increased from £157,250 to £231,496 over the eleven years and three months to July 2025, the following assumptions must hold true:

• The value of 6 ROYAL OAK MEADOW has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The October 2014 sale price of £157,250 represented a fair market value for the property.
• The size, condition, and specification of 6 ROYAL OAK MEADOW has not materially changed since October 2014.

How Large is 6 ROYAL OAK MEADOW?

6 ROYAL OAK MEADOW is 116m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of terraced houses houses in Hornby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hornby, and where 6 ROYAL OAK MEADOW lies on this distribution: 18% of terraced houses houses are smaller than 6 ROYAL OAK MEADOW, and 80% of houses are larger. Note that EPC data is not available for all properties in Hornby.

6 ROYAL OAK MEADOW: Plot and Title Map

6 ROYAL OAK MEADOW sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 6 ROYAL OAK MEADOW, 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 6 ROYAL OAK MEADOW). 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 6 ROYAL OAK MEADOW?

6 ROYAL OAK MEADOW is located in HORNBY, in the LA2 postcode district. The below map shows the position of No. 6 on ROYAL OAK MEADOW.