1, THE PIAZZA, LANCASTER, LA1 3FJ - £430,000

1 THE PIAZZA is a very large extended detached house of 217m², built sometime between 1996 and 2002. It was last sold for £430,000 in September 2020, which was around 52% above the average September 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

1 THE PIAZZA Sold Prices

Land registry data shows two sales for 1 THE PIAZZA 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 1 THE PIAZZA 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
2020 30 SEP	£430,000	£282,906	52% above HPI
2001 12 APR	£253,000	£94,799	167% above HPI

1 THE PIAZZA 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 THE PIAZZA sales from April 2001 and September 2020 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 April 2001 sale was for 167% above the HPI. So the extrapolation line tracks at 167% above the HPI over time, until the September 2020 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 1 THE PIAZZA?

1 THE PIAZZA is 217m², which includes one extension, according to the EPC inspection conducted in September 2020. 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 1 THE PIAZZA lies on this distribution: 95% of detached houses are smaller than 1 THE PIAZZA, and 5% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

1 THE PIAZZA: Plot and Title Map

1 THE PIAZZA sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 1 THE PIAZZA, 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 THE PIAZZA). 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 THE PIAZZA?

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