NEWLYN, LANCASTER ROAD, SLYNE, LANCASTER, LA2 6AS - £333,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

NEWLYN is a very large extended detached house of 233m², built sometime between 1930 and 1949, which could now be worth an estimated £405,321. It was last sold for £333,000 in September 2020, which was around 21% above the average September 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

NEWLYN Sold Prices

Land registry data shows three sales for NEWLYN 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 NEWLYN 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
2020 15 SEP	£333,000	£274,426	21% above HPI
2000 1 NOV	£105,000	£94,006	12% above HPI
1996 7 JUN	£78,000	£75,049	4% above HPI

NEWLYN 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 NEWLYN sales between June 1996 and September 2020 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 November 2000 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2020 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might NEWLYN be worth now?

NEWLYN might now be worth an estimated £405,321.

This is based on house price inflation of 21.7%, between September 2020 and February 2025, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.7% inflationary increase is applied to the most recent sale price for NEWLYN of £333,000 on 15th September 2020. For the value to have increased from £333,000 to £405,321 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of NEWLYN has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The September 2020 sale price of £333,000 represented a fair market value for the property.
• The size, condition, and specification of NEWLYN has not materially changed since September 2020.

How Large is NEWLYN?

NEWLYN is 233m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses houses in Slyne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Slyne, and where NEWLYN lies on this distribution: 95% of detached houses houses are smaller than NEWLYN, and 5% of houses are larger. Note that EPC data is not available for all properties in Slyne.

NEWLYN: Plot and Title Map

NEWLYN sits on a plot of roughly 0.295 of an acre, or 1,193m². The below map shows the location of NEWLYN, 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 NEWLYN). 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 NEWLYN?

NEWLYN is located on LANCASTER ROAD in SLYNE, in the LA2 postcode district. The below map shows the position of NEWLYN on LANCASTER ROAD.