THE BEECHES, MAIN STREET, HORNBY, LANCASTER, LA2 8JY - £470,000

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

THE BEECHES is a large extended detached house of 191m², built sometime between 1976 and 1982. It was last sold for £470,000 in March 2024, which was around 38% above the average March 2024 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

THE BEECHES Sold Prices

Land registry data shows three sales for THE BEECHES 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 THE BEECHES 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
2024 7 MAR	£470,000	£339,528	38% above HPI
2009 18 SEP	£350,000	£213,246	64% above HPI
2001 7 AUG	£183,000	£102,910	78% above HPI

THE BEECHES 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 THE BEECHES sales between August 2001 and March 2024 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 September 2009 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the March 2024 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is THE BEECHES?

THE BEECHES is 191m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 30% of detached houses in Hornby, based on EPC data. The below chart shows the distribution of detached houses by size in Hornby, and where THE BEECHES lies on this distribution: 76% of detached houses are smaller than THE BEECHES, and 24% of houses are larger. Note that EPC data is not available for all properties in Hornby.

THE BEECHES: Plot and Title Map

THE BEECHES sits on a plot of roughly 0.215 of an acre, or 870m². The below map shows the location of THE BEECHES, 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 THE BEECHES). 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 THE BEECHES?

THE BEECHES is located on MAIN STREET in HORNBY, in the LA2 postcode district. The below map shows the position of THE BEECHES on MAIN STREET.