22, GREENACRE ROAD, HEST BANK, LANCASTER, LA2 6HD - £275,150

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 GREENACRE ROAD is a small extended detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £311,585. It was last sold for £275,150 in March 2021, which was around 3% below the average March 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

22 GREENACRE ROAD Sold Prices

Land registry data shows two sales for 22 GREENACRE ROAD 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 22 GREENACRE ROAD sales were 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
2021 23 MAR	£275,150	£284,417	3% below HPI
2010 24 JUN	£187,000	£218,552	14% below HPI

22 GREENACRE 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 two 22 GREENACRE ROAD sales from June 2010 and March 2021 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 June 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 22 GREENACRE ROAD be worth now?

22 GREENACRE ROAD might now be worth an estimated £311,585.

This is based on house price inflation of 13.2%, between March 2021 and June 2025, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.2% inflationary increase is applied to the most recent sale price for 22 GREENACRE ROAD of £275,150 on 23rd March 2021. For the value to have increased from £275,150 to £311,585 over the three years and nine months to June 2025, the following assumptions must hold true:

• The value of 22 GREENACRE ROAD has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The March 2021 sale price of £275,150 represented a fair market value for the property.
• The size, condition, and specification of 22 GREENACRE ROAD has not materially changed since March 2021.

How Large is 22 GREENACRE ROAD?

22 GREENACRE ROAD is 98m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% of detached houses houses in Hest Bank, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hest Bank, and where 22 GREENACRE ROAD lies on this distribution: 25% of detached houses houses are smaller than 22 GREENACRE ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Hest Bank.

22 GREENACRE ROAD: Plot and Title Map

22 GREENACRE ROAD sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 22 GREENACRE 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 22 GREENACRE 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 22 GREENACRE ROAD?

22 GREENACRE ROAD is located in HEST BANK, in the LA2 postcode district. The below map shows the position of No. 22 on GREENACRE ROAD.