THE HOLLIES, WESTBOURNE ROAD, LANCASTER, LA1 5EF - £677,500

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.

THE HOLLIES is a very large semi-detached house of 411m², built sometime before 1900, which could now be worth an estimated £949,465. It was last sold for £677,500 in April 2018, which was around 341% above the average April 2018 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

THE HOLLIES Sold Prices

Land registry data shows two sales for THE HOLLIES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. Both of the two THE HOLLIES 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
2018 20 APR	£677,500	£153,558	341% above HPI
2007 31 AUG	£650,000	£148,194	339% above HPI

THE HOLLIES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lancaster local authority area over time, sourced from the HPI. The two THE HOLLIES sales from August 2007 and April 2018 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 2007 sale was for 339% above the HPI. So the extrapolation line tracks at 339% above the HPI over time, until the April 2018 sale, where it rises to 341% above the HPI. The line then continues to track at 341% above the HPI.

What might THE HOLLIES be worth now?

THE HOLLIES might now be worth an estimated £949,465.

This is based on house price inflation of 40.1%, between April 2018 and February 2025, for semi-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 40.1% inflationary increase is applied to the most recent sale price for THE HOLLIES of £677,500 on 20th April 2018. For the value to have increased from £677,500 to £949,465 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of THE HOLLIES has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The April 2018 sale price of £677,500 represented a fair market value for the property.
• The size, condition, and specification of THE HOLLIES has not materially changed since April 2018.

How Large is THE HOLLIES?

THE HOLLIES is 411m² according to the EPC inspection conducted in March 2017. This puts it in the largest 10% of semi-detached houses houses in Lancaster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lancaster, and where THE HOLLIES lies on this distribution: More than 99% of semi-detached houses houses are smaller than THE HOLLIES, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

THE HOLLIES: Plot and Title Map

THE HOLLIES sits on a plot of roughly 0.335 of an acre, or 1,357m². The below map shows the location of THE HOLLIES, 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 HOLLIES). 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 HOLLIES?

THE HOLLIES is located on WESTBOURNE ROAD in LANCASTER, in the LA1 postcode district. The below map shows the position of THE HOLLIES on WESTBOURNE ROAD.