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
7 HORROCKSFORD WAY is a midsized detached house of 120m², built sometime between 1983 and 1990. It was last sold for £275,000 in July 2014, which was around 19% above the average July 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 7 HORROCKSFORD WAY 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 7 HORROCKSFORD WAY 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 |
---|---|---|---|
2014 4 JUL | £275,000 | £231,739 | 19% above HPI |
1999 8 DEC | £115,000 | £89,064 | 29% above HPI |
The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 7 HORROCKSFORD WAY sales from December 1999 and July 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 December 1999 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the July 2014 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.
7 HORROCKSFORD WAY is 120m² according to the EPC inspection conducted in December 2010. This puts it in the largest 50% 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 HORROCKSFORD WAY lies on this distribution: 50% of detached houses are smaller than 7 HORROCKSFORD WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Lancaster.
7 HORROCKSFORD WAY sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 7 HORROCKSFORD WAY, 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 HORROCKSFORD WAY). 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.
7 HORROCKSFORD WAY is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 7 on HORROCKSFORD WAY.