62, TORRISHOLME ROAD, LANCASTER, LA1 2LW - £182,000

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

62 TORRISHOLME ROAD is a small extended detached house of 102m², built sometime before 1900. It was last sold for £182,000 in April 2016, which was around 24% below the average April 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was C.

62 TORRISHOLME ROAD Sold Prices

Land registry data shows three sales for 62 TORRISHOLME ROAD 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 62 TORRISHOLME ROAD 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
2016 28 APR	£182,000	£238,667	24% below HPI
2004 16 AUG	£189,950	£200,869	5% below HPI
1999 1 SEP	£20,000	£87,627	77% below HPI

62 TORRISHOLME ROAD 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 TORRISHOLME ROAD sales between September 1999 and April 2016 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 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 62 TORRISHOLME ROAD?

62 TORRISHOLME ROAD is 102m², which includes one extension, according to the EPC inspection conducted in January 2016. 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 62 TORRISHOLME ROAD lies on this distribution: 26% of detached houses are smaller than 62 TORRISHOLME ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

62 TORRISHOLME ROAD: Plot and Title Map

62 TORRISHOLME ROAD sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 62 TORRISHOLME ROAD, 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 TORRISHOLME ROAD). 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 TORRISHOLME ROAD?

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