7, CRANWELL AVENUE, LANCASTER, LA1 4HW - £255,000

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

7 CRANWELL AVENUE is a small detached house of 112m², built sometime between 1967 and 1975. It was last sold for £255,000 in May 2017, which was around 2% above the average May 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

7 CRANWELL AVENUE Sold Prices

Land registry data shows three sales for 7 CRANWELL AVENUE 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 7 CRANWELL AVENUE sales were for above 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
2017 23 MAY	£255,000	£250,184	2% above HPI
2002 28 AUG	£131,000	£123,269	6% above HPI
1996 16 DEC	£86,000	£78,831	9% above HPI

7 CRANWELL AVENUE 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 7 CRANWELL AVENUE sales between December 1996 and May 2017 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 2002 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2017 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 7 CRANWELL AVENUE?

7 CRANWELL AVENUE is 112m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 7 CRANWELL AVENUE lies on this distribution: 40% of detached houses are smaller than 7 CRANWELL AVENUE, and 59% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

7 CRANWELL AVENUE: Plot and Title Map

7 CRANWELL AVENUE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 7 CRANWELL 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 7 CRANWELL 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.

Where is 7 CRANWELL AVENUE?

7 CRANWELL AVENUE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 7 on CRANWELL AVENUE.