1, NEWMARKET AVENUE, LANCASTER, LA1 4NG - £270,000

1 NEWMARKET AVENUE is a small extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £270,000 in October 2017, which was around 10% above the average October 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

1 NEWMARKET AVENUE Sold Prices

Land registry data shows two sales for 1 NEWMARKET AVENUE 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. One of the two 1 NEWMARKET AVENUE sales was for above the average price, whilst the other was 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
2017 19 OCT	£270,000	£246,532	10% above HPI
2009 24 JUL	£210,000	£214,484	2% below HPI

1 NEWMARKET AVENUE 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 1 NEWMARKET AVENUE sales from July 2009 and October 2017 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 July 2009 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2017 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 1 NEWMARKET AVENUE?

1 NEWMARKET AVENUE is 106m², which includes two extensions, according to the EPC inspection conducted in February 2009. This puts it in the smallest 40% 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 NEWMARKET AVENUE lies on this distribution: 31% of detached houses are smaller than 1 NEWMARKET AVENUE, and 69% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

1 NEWMARKET AVENUE: Plot and Title Map

1 NEWMARKET AVENUE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 1 NEWMARKET AVENUE, 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 NEWMARKET AVENUE). 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 NEWMARKET AVENUE?

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