THE WATER HOUSE, HAVERBREAKS ROAD, LANCASTER, LA1 5BJ - £800,000

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 WATER HOUSE is a very large extended detached house of 332m², built sometime between 1950 and 1966. It was last sold for £800,000 in May 2018, which was around 222% above the average May 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was C.

THE WATER HOUSE Sold Prices

Land registry data shows two sales for THE WATER HOUSE 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 WATER HOUSE 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 30 MAY	£800,000	£248,522	222% above HPI
1999 18 FEB	£215,000	£77,317	178% above HPI

THE WATER HOUSE 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 WATER HOUSE sales from February 1999 and May 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 February 1999 sale was for 178% above the HPI. So the extrapolation line tracks at 178% above the HPI over time, until the May 2018 sale, where it rises to 222% above the HPI. The line then continues to track at 222% above the HPI.

How Large is THE WATER HOUSE?

THE WATER HOUSE is 332m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 10% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where THE WATER HOUSE lies on this distribution: 99% of detached houses are smaller than THE WATER HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

THE WATER HOUSE: Plot and Title Map

THE WATER HOUSE sits on a plot of roughly 0.693 of an acre, or 2,804m². The below map shows the location of THE WATER HOUSE, 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 WATER HOUSE). 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 WATER HOUSE?

THE WATER HOUSE is located on HAVERBREAKS ROAD in LANCASTER, in the LA1 postcode district. The below map shows the position of THE WATER HOUSE on HAVERBREAKS ROAD.