8, LEVENS CLOSE, LANCASTER, LA1 5UL - £182,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 LEVENS CLOSE is a very small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £182,500 in January 2013, which was around 17% below the average January 2013 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

8 LEVENS CLOSE Sold Prices

Land registry data shows four sales for 8 LEVENS CLOSE since 1^st 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 LEVENS 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
2013 25 JAN	£182,500	£220,767	17% below HPI
2006 15 DEC	£175,000	£223,510	22% below HPI
2004 30 JUL	£170,000	£195,728	13% below HPI
1995 24 MAR	£63,000	£79,970	21% below HPI

8 LEVENS 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 four 8 LEVENS CLOSE sales between March 1995 and January 2013 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 December 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2013 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 8 LEVENS CLOSE?

8 LEVENS CLOSE is 87m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 8 LEVENS CLOSE lies on this distribution: 14% of detached houses are smaller than 8 LEVENS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

8 LEVENS CLOSE: Plot and Title Map

8 LEVENS CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 8 LEVENS 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 LEVENS 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 8 LEVENS CLOSE?

8 LEVENS CLOSE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 8 on LEVENS CLOSE.