9, SOUTH ROAD, LANCASTER, LA1 4XJ - £41,000

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 SOUTH ROAD is a very small extended detached house of 89m², built sometime between 1900 and 1929. It was last sold for £41,000 in May 1999, which was around 51% below the average May 1999 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

9 SOUTH ROAD Sold Prices

Land registry data shows two sales for 9 SOUTH ROAD 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 SOUTH ROAD 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
1999 7 MAY	£41,000	£83,788	51% below HPI
1998 30 APR	£42,000	£83,616	50% below HPI

9 SOUTH ROAD 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 SOUTH ROAD sales from April 1998 and May 1999 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 April 1998 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the May 1999 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 9 SOUTH ROAD?

9 SOUTH ROAD is 89m², which includes one extension, according to the EPC inspection conducted in September 2020. 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 9 SOUTH ROAD lies on this distribution: 16% of detached houses are smaller than 9 SOUTH ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

9 SOUTH ROAD: Plot and Title Map

9 SOUTH ROAD sits on a plot of roughly 0.025 of an acre, or 101m². The below map shows the location of 9 SOUTH ROAD, 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 SOUTH ROAD). 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 SOUTH ROAD?

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