8, ROOSEVELT AVENUE, LANCASTER, LA1 5EJ - £225,000

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 ROOSEVELT AVENUE is a very small detached house of 83m², built sometime between 1950 and 1966. It was last sold for £225,000 in May 2010, which was about the average May 2010 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

8 ROOSEVELT AVENUE Sold Prices

Land registry data shows two sales for 8 ROOSEVELT AVENUE since 1^st 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 ROOSEVELT AVENUE sales was roughly equal to 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
2010 28 MAY	£225,000	£225,046	Close to HPI
2006 30 AUG	£212,500	£224,054	5% below HPI

8 ROOSEVELT AVENUE 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 two 8 ROOSEVELT AVENUE sales from August 2006 and May 2010 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 August 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2010 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 8 ROOSEVELT AVENUE?

8 ROOSEVELT AVENUE is 83m² according to the EPC inspection conducted in August 2009. 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 ROOSEVELT AVENUE lies on this distribution: 12% of detached houses are smaller than 8 ROOSEVELT AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

8 ROOSEVELT AVENUE: Plot and Title Map

8 ROOSEVELT AVENUE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 8 ROOSEVELT AVENUE, 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 ROOSEVELT AVENUE). 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 ROOSEVELT AVENUE?

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