RIVER VIEW, ALDCLIFFE, LANCASTER, LA1 5BG - £398,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

RIVER VIEW is a midsized detached house of 166m², built sometime between 1967 and 1975. It was last sold for £398,000 in July 2015, which was around 68% above the average July 2015 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was A.

RIVER VIEW Sold Prices

Land registry data shows two sales for RIVER VIEW 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 RIVER VIEW 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
2015 31 JUL	£398,000	£236,548	68% above HPI
1996 6 AUG	£112,000	£78,615	42% above HPI

RIVER VIEW 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 RIVER VIEW sales from August 1996 and July 2015 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 1996 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the July 2015 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is RIVER VIEW?

RIVER VIEW is 166m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 50% of detached houses in Aldcliffe, based on EPC data. The below chart shows the distribution of detached houses by size in Aldcliffe, and where RIVER VIEW lies on this distribution: 42% of detached houses are smaller than RIVER VIEW, and 58% of houses are larger. Note that EPC data is not available for all properties in Aldcliffe.

RIVER VIEW: Plot and Title Map

RIVER VIEW sits on a plot of roughly 0.308 of an acre, or 1,247m². The below map shows the location of RIVER VIEW, 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 RIVER VIEW). 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 RIVER VIEW?

RIVER VIEW is located in ALDCLIFFE, in the LA1 postcode district. The below map shows the position of RIVER VIEW in ALDCLIFFE.