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
75 HEST BANK LANE is a large detached house of 144m², built sometime between 1976 and 1982. It was last sold for £332,000 in November 2019, which was around 23% above the average November 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 75 HEST BANK LANE since 1st 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. Two of the three 75 HEST BANK LANE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2019 29 NOV | £332,000 | £270,160 | 23% above HPI |
2002 18 SEP | £172,000 | £126,911 | 36% above HPI |
2002 21 MAR | £86,000 | £109,196 | 21% below HPI |
The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The three 75 HEST BANK LANE sales between March 2002 and November 2019 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 September 2002 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the November 2019 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.
75 HEST BANK LANE is 144m² according to the EPC inspection conducted in June 2018. This puts it in the largest 40% of detached houses in Hest Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Hest Bank, and where 75 HEST BANK LANE lies on this distribution: 65% of detached houses are smaller than 75 HEST BANK LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Hest Bank.
75 HEST BANK LANE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 75 HEST BANK 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 75 HEST BANK 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.
75 HEST BANK LANE is located in HEST BANK, in the LA2 postcode district. The below map shows the position of No. 75 on HEST BANK LANE.