3, ALDERMAN ROAD, LANCASTER, LA1 5FW - £340,000

3 ALDERMAN ROAD is a small extended detached house of 110m², built sometime between 1996 and 2002. It was last sold for £340,000 in November 2019, which was around 26% above the average November 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

3 ALDERMAN ROAD Sold Prices

Land registry data shows two sales for 3 ALDERMAN 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 3 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
2019 26 NOV	£340,000	£270,160	26% above HPI
2001 31 JUL	£140,000	£100,222	40% above HPI

3 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 two 3 ALDERMAN ROAD sales from July 2001 and November 2019 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 July 2001 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the November 2019 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 3 ALDERMAN ROAD?

3 ALDERMAN ROAD is 110m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 3 ALDERMAN ROAD lies on this distribution: 35% of detached houses are smaller than 3 ALDERMAN ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

3 ALDERMAN ROAD: Plot and Title Map

3 ALDERMAN ROAD sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 3 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 3 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 3 ALDERMAN ROAD?

3 ALDERMAN ROAD is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 3 on ALDERMAN ROAD.