1, JEFFERSON CLOSE, LANCASTER, LA1 5EZ - £210,000

1 JEFFERSON CLOSE is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £210,000 in March 2021, which was around 28% below the average March 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

1 JEFFERSON CLOSE Sold Prices

Land registry data shows six sales for 1 JEFFERSON CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the six 1 JEFFERSON CLOSE sales were for below 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
2021 1 MAR	£210,000	£293,206	28% below HPI
2017 1 DEC	£184,000	£251,566	27% below HPI
2011 20 APR	£165,000	£217,823	24% below HPI
2003 7 MAR	£115,800	£131,597	12% below HPI
2001 1 OCT	£74,000	£107,863	31% below HPI
1997 15 APR	£51,500	£77,503	34% below HPI

1 JEFFERSON CLOSE 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 six 1 JEFFERSON CLOSE sales between April 1997 and March 2021 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 December 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1 JEFFERSON CLOSE?

1 JEFFERSON CLOSE is 83m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 1 JEFFERSON CLOSE lies on this distribution: 12% of detached houses are smaller than 1 JEFFERSON CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

1 JEFFERSON CLOSE: Plot and Title Map

1 JEFFERSON CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 1 JEFFERSON CLOSE, 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 1 JEFFERSON CLOSE). 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 1 JEFFERSON CLOSE?

1 JEFFERSON CLOSE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 1 on JEFFERSON CLOSE.