9, MARINER WAY, LANCASTER, LA1 5TS - £295,000

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

9 MARINER WAY is a small detached house of 110m². It was last sold for £295,000 in January 2023, which was around 14% below the average January 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was A.

9 MARINER WAY Sold Prices

Land registry data shows two sales for 9 MARINER WAY 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. Both of the two 9 MARINER WAY 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
2023 27 JAN	£295,000	£342,266	14% below HPI
2016 17 MAY	£239,995	£242,787	1% below HPI

9 MARINER WAY 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 9 MARINER WAY sales from May 2016 and January 2023 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 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 9 MARINER WAY?

9 MARINER WAY is 110m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 9 MARINER WAY lies on this distribution: 35% of detached houses are smaller than 9 MARINER WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

9 MARINER WAY: Plot and Title Map

9 MARINER WAY sits on a plot of roughly 2.2 acres, or 8,776m². The below map shows the location of 9 MARINER WAY, 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 9 MARINER WAY). 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 9 MARINER WAY?

9 MARINER WAY is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 9 on MARINER WAY.