16, ALDERMAN ROAD, LANCASTER, LA1 5FW - £397,000

16 ALDERMAN ROAD is a large detached house of 150m², built sometime between 1996 and 2002. It was last sold for £397,000 in September 2015, which was around 66% above the average September 2015 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

16 ALDERMAN ROAD Sold Prices

Land registry data shows four sales for 16 ALDERMAN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the four 16 ALDERMAN 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
2015 14 SEP	£397,000	£239,826	66% above HPI
2012 17 AUG	£367,500	£224,098	64% above HPI
2009 11 SEP	£350,000	£213,246	64% above HPI
2002 22 MAR	£201,950	£109,196	85% above HPI

16 ALDERMAN ROAD 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 four 16 ALDERMAN ROAD sales between March 2002 and September 2015 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 August 2012 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the September 2015 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is 16 ALDERMAN ROAD?

16 ALDERMAN ROAD is 150m² according to the EPC inspection conducted in November 2008. This puts it in the largest 30% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 16 ALDERMAN ROAD lies on this distribution: 77% of detached houses are smaller than 16 ALDERMAN ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

16 ALDERMAN ROAD: Plot and Title Map

16 ALDERMAN ROAD sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 16 ALDERMAN 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 16 ALDERMAN 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 16 ALDERMAN ROAD?

16 ALDERMAN ROAD is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 16 on ALDERMAN ROAD.