16, PEACOCK LANE, HEST BANK, LANCASTER, LA2 6EN - £450,000

16 PEACOCK LANE is a midsized detached house of 118m², built sometime between 1950 and 1966. It was last sold for £450,000 in October 2022, which was around 33% above the average October 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

16 PEACOCK LANE Sold Prices

Land registry data shows two sales for 16 PEACOCK LANE 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 16 PEACOCK LANE 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
2022 21 OCT	£450,000	£339,548	33% above HPI
2015 1 MAY	£270,000	£230,672	17% above HPI

16 PEACOCK LANE 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 16 PEACOCK LANE sales from May 2015 and October 2022 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 May 2015 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2022 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 16 PEACOCK LANE?

16 PEACOCK LANE is 118m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of detached houses in Hest Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Hest Bank, and where 16 PEACOCK LANE lies on this distribution: 43% of detached houses are smaller than 16 PEACOCK LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Hest Bank.

16 PEACOCK LANE: Plot and Title Map

16 PEACOCK LANE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 16 PEACOCK LANE, 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 PEACOCK LANE). 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 PEACOCK LANE?

16 PEACOCK LANE is located in HEST BANK, in the LA2 postcode district. The below map shows the position of No. 16 on PEACOCK LANE.