124, LANCASTER ROAD, CABUS, PRESTON, PR3 1JE - £325,000

124 LANCASTER ROAD is a midsized extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £325,000 in May 2023, which was around 13% above the average May 2023 detached price in the Wyre local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

124 LANCASTER ROAD Sold Prices

Land registry data shows five sales for 124 LANCASTER ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. All of the five 124 LANCASTER ROAD 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
2023 25 MAY	£325,000	£288,548	13% above HPI
2023 3 MAR	£298,225	£285,838	4% above HPI
2007 3 APR	£285,000	£223,038	28% above HPI
2004 19 MAR	£245,000	£173,804	41% above HPI
2000 18 DEC	£120,000	£98,712	22% above HPI

124 LANCASTER ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The five 124 LANCASTER ROAD sales between December 2000 and May 2023 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 March 2023 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2023 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 124 LANCASTER ROAD?

124 LANCASTER ROAD is 112m², which includes two extensions, according to the EPC inspection conducted in December 2022. This puts it in the smallest 50% of detached houses in Garstang, based on EPC data. The below chart shows the distribution of detached houses by size in Garstang, and where 124 LANCASTER ROAD lies on this distribution: 42% of detached houses are smaller than 124 LANCASTER ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Garstang.

124 LANCASTER ROAD: Plot and Title Map

124 LANCASTER ROAD sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 124 LANCASTER ROAD, 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 124 LANCASTER ROAD). 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 124 LANCASTER ROAD?

124 LANCASTER ROAD is located in CABUS, in the PR3 postcode district. The below map shows the position of No. 124 on LANCASTER ROAD.