THE ORCHARD, LANCASTER ROAD, SLYNE, LANCASTER, LA2 6AS - £420,000

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.

THE ORCHARD is a very large extended detached house of 172m², built sometime between 1996 and 2002, which could now be worth an estimated £535,335. It was last sold for £420,000 in November 2019, which was around 60% above the average November 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was A.

THE ORCHARD Sold Prices

Land registry data shows two sales for THE ORCHARD 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 THE ORCHARD 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
2019 25 NOV	£420,000	£262,062	60% above HPI
2006 23 JUN	£310,000	£209,136	48% above HPI

THE ORCHARD 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 THE ORCHARD sales from June 2006 and November 2019 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 June 2006 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the November 2019 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might THE ORCHARD be worth now?

THE ORCHARD might now be worth an estimated £535,335.

This is based on house price inflation of 27.5%, between November 2019 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 27.5% inflationary increase is applied to the most recent sale price for THE ORCHARD of £420,000 on 25th November 2019. For the value to have increased from £420,000 to £535,335 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of THE ORCHARD has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The November 2019 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of THE ORCHARD has not materially changed since November 2019.

How Large is THE ORCHARD?

THE ORCHARD is 172m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 20% 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 THE ORCHARD lies on this distribution: 82% of detached houses houses are smaller than THE ORCHARD, and 18% of houses are larger. Note that EPC data is not available for all properties in Slyne.

THE ORCHARD: Plot and Title Map

THE ORCHARD sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of THE ORCHARD, 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 ORCHARD). 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 ORCHARD?

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