62, GREEN LANE, LANCASTER, LA1 2EZ - £282,500

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

62 GREEN LANE is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £282,500 in November 2020, which was about the average November 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

62 GREEN LANE Sold Prices

Land registry data shows three sales for 62 GREEN LANE 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. The three 62 GREEN LANE sales were a mix of roughly equal to the average price, and 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
2020 27 NOV	£282,500	£281,968	Close to HPI
2020 31 JAN	£215,000	£261,953	18% below HPI
1999 6 OCT	£70,000	£88,346	21% below HPI

62 GREEN LANE 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 62 GREEN LANE sales between October 1999 and November 2020 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 62 GREEN LANE?

62 GREEN LANE is 77m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 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 62 GREEN LANE lies on this distribution: 7% of detached houses are smaller than 62 GREEN LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

62 GREEN LANE: Plot and Title Map

62 GREEN LANE sits on a plot of roughly 0.228 of an acre, or 923m². The below map shows the location of 62 GREEN LANE, 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 62 GREEN LANE). 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 62 GREEN LANE?

62 GREEN LANE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 62 on GREEN LANE.