7, KENNEDY CLOSE, LANCASTER, LA1 5ES - £260,000

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

7 KENNEDY CLOSE is a small detached house of 107m², built sometime between 1976 and 1982. It was last sold for £260,000 in July 2017, which was around 5% above the average July 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

7 KENNEDY CLOSE Sold Prices

Land registry data shows three sales for 7 KENNEDY CLOSE 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 KENNEDY CLOSE 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 7 JUL	£260,000	£246,561	5% above HPI
2010 15 OCT	£245,000	£227,309	8% above HPI
2003 15 OCT	£165,000	£160,799	3% above HPI

7 KENNEDY CLOSE 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 KENNEDY CLOSE sales between October 2003 and July 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 October 2010 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2017 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 7 KENNEDY CLOSE?

7 KENNEDY CLOSE is 107m² according to the EPC inspection conducted in November 2023. 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 KENNEDY CLOSE lies on this distribution: 31% of detached houses are smaller than 7 KENNEDY CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

7 KENNEDY CLOSE: Plot and Title Map

7 KENNEDY CLOSE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 7 KENNEDY CLOSE, 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 KENNEDY CLOSE). 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 KENNEDY CLOSE?

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