STONE COTTAGE, LANCASTER ROAD, CATON, LANCASTER, LA2 9HX - £350,000

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

STONE COTTAGE is a large extended detached house of 133m², built sometime between 1996 and 2002. It was last sold for £350,000 in April 2017, which was around 39% above the average April 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

STONE COTTAGE Sold Prices

Land registry data shows four sales for STONE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the four STONE COTTAGE 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
2017 19 APR	£350,000	£251,215	39% above HPI
2010 15 OCT	£380,000	£227,309	67% above HPI
2002 12 JUL	£190,000	£118,897	60% above HPI
2000 1 JUN	£165,000	£89,289	85% above HPI

STONE COTTAGE 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 four STONE COTTAGE sales between June 2000 and April 2017 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 October 2010 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the April 2017 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is STONE COTTAGE?

STONE COTTAGE is 133m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the largest 30% of detached houses in Caton, based on EPC data. The below chart shows the distribution of detached houses by size in Caton, and where STONE COTTAGE lies on this distribution: 75% of detached houses are smaller than STONE COTTAGE, and 25% of houses are larger. Note that EPC data is not available for all properties in Caton.

STONE COTTAGE: Plot and Title Map

STONE COTTAGE sits on a plot of roughly 0.186 of an acre, or 753m². The below map shows the location of STONE COTTAGE, 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 STONE COTTAGE). 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 STONE COTTAGE?

STONE COTTAGE is located on LANCASTER ROAD in CATON, in the LA2 postcode district. The below map shows the position of STONE COTTAGE on LANCASTER ROAD.