8, LANCASTER GATE, BANKS, SOUTHPORT, PR9 8DT - £159,000

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

8 LANCASTER GATE is a midsized detached house of 123m², built sometime between 1983 and 1990. It was last sold for £159,000 in May 2019, which was around 43% below the average May 2019 detached price in the West Lancashire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

8 LANCASTER GATE Sold Prices

Land registry data shows three sales for 8 LANCASTER GATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the three 8 LANCASTER GATE 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
2019 9 MAY	£159,000	£277,543	43% below HPI
2002 20 MAY	£125,000	£128,425	3% below HPI
1996 7 JUN	£75,000	£86,816	14% below HPI

8 LANCASTER GATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The three 8 LANCASTER GATE sales between June 1996 and May 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 May 2002 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2019 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 8 LANCASTER GATE?

8 LANCASTER GATE is 123m² according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses in Banks, based on EPC data. The below chart shows the distribution of detached houses by size in Banks, and where 8 LANCASTER GATE lies on this distribution: 50% of detached houses are smaller than 8 LANCASTER GATE, and 50% of houses are larger. Note that EPC data is not available for all properties in Banks.

8 LANCASTER GATE: Plot and Title Map

8 LANCASTER GATE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 8 LANCASTER GATE, 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 LANCASTER GATE). 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 8 LANCASTER GATE?

8 LANCASTER GATE is located in BANKS, in the PR9 postcode district. The below map shows the position of No. 8 on LANCASTER GATE.