8, REDWOOD HEIGHTS, LANCASTER, LA1 3FG - £400,000

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 REDWOOD HEIGHTS is a very large detached house of 211m², built sometime between 1996 and 2002. It was last sold for £400,000 in November 2009, which was around 78% above the average November 2009 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

8 REDWOOD HEIGHTS Sold Prices

Land registry data shows three sales for 8 REDWOOD HEIGHTS since 1^st 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. All of the three 8 REDWOOD HEIGHTS sales were for above 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
2009 27 NOV	£400,000	£225,246	78% above HPI
2006 1 SEP	£477,500	£225,632	112% above HPI
2002 26 SEP	£249,950	£126,911	97% above HPI

8 REDWOOD HEIGHTS 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 three 8 REDWOOD HEIGHTS sales between September 2002 and November 2009 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 2006 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the November 2009 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is 8 REDWOOD HEIGHTS?

8 REDWOOD HEIGHTS is 211m² according to the EPC inspection conducted in November 2013. This puts it in the largest 10% 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 REDWOOD HEIGHTS lies on this distribution: 94% of detached houses are smaller than 8 REDWOOD HEIGHTS, and 6% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

8 REDWOOD HEIGHTS: Plot and Title Map

8 REDWOOD HEIGHTS sits on a plot of roughly 0.215 of an acre, or 870m². The below map shows the location of 8 REDWOOD HEIGHTS, 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 REDWOOD HEIGHTS). 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 REDWOOD HEIGHTS?

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