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 JOHNSON CLOSE is a small detached house of 88m², built sometime between 1991 and 1995. It was last sold for £191,000 in March 2020, which was around 27% below the average March 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 8 JOHNSON CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the four 8 JOHNSON CLOSE sales were 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 18 MAR | £191,000 | £261,039 | 27% below HPI |
2005 21 JAN | £166,000 | £207,620 | 20% below HPI |
2004 11 OCT | £174,950 | £204,520 | 14% below HPI |
1998 15 JUL | £60,000 | £82,026 | 27% below HPI |
The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The four 8 JOHNSON CLOSE sales between July 1998 and March 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 January 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
8 JOHNSON CLOSE is 88m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses in Carnforth, based on EPC data. The below chart shows the distribution of detached houses by size in Carnforth, and where 8 JOHNSON CLOSE lies on this distribution: 37% of detached houses are smaller than 8 JOHNSON CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Carnforth.
8 JOHNSON CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 8 JOHNSON 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 JOHNSON 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 JOHNSON CLOSE is located in CARNFORTH, in the LA5 postcode district. The below map shows the position of No. 8 on JOHNSON CLOSE.