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
8 BROADACRE CLOSE is a large detached house of 123m², built sometime between 1976 and 1982. It was last sold for £330,000 in August 2020, which was around 19% above the average August 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 8 BROADACRE CLOSE 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. One of the two 8 BROADACRE CLOSE sales was for above the average price, whilst the other 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 |
---|---|---|---|
2020 27 AUG | £330,000 | £276,173 | 19% above HPI |
2016 24 OCT | £217,500 | £248,873 | 13% below HPI |
The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 8 BROADACRE CLOSE sales from October 2016 and August 2020 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 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2020 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.
8 BROADACRE CLOSE is 123m² according to the EPC inspection conducted in September 2019. This puts it in the largest 40% of detached houses in Caton, based on EPC data. The below chart shows the distribution of detached houses by size in Caton, and where 8 BROADACRE CLOSE lies on this distribution: 65% of detached houses are smaller than 8 BROADACRE CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Caton.
8 BROADACRE CLOSE sits on a plot of roughly 0.173 of an acre, or 702m². The below map shows the location of 8 BROADACRE 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 8 BROADACRE 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.
8 BROADACRE CLOSE is located in CATON, in the LA2 postcode district. The below map shows the position of No. 8 on BROADACRE CLOSE.