31, BORROWDALE ROAD, LANCASTER, LA1 3EU - £345,000

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.

31 BORROWDALE ROAD is a very large semi-detached house of 170m², built sometime between 1900 and 1929, which could now be worth an estimated £471,482. It was last sold for £345,000 in April 2019, which was around 119% above the average April 2019 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was C.

31 BORROWDALE ROAD Sold Prices

Land registry data shows four sales for 31 BORROWDALE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. All of the four 31 BORROWDALE 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 4 APR	£345,000	£157,342	119% above HPI
2014 14 MAR	£340,000	£136,098	150% above HPI
2011 21 DEC	£338,000	£132,595	155% above HPI
2006 18 MAY	£245,000	£133,702	83% above HPI

31 BORROWDALE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lancaster local authority area over time, sourced from the HPI. The four 31 BORROWDALE ROAD sales between May 2006 and April 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 March 2014 sale was for 150% above the HPI. So the extrapolation line tracks at 150% above the HPI over time, until the April 2019 sale, where it falls to 119% above the HPI. The line then continues to track at 119% above the HPI.

What might 31 BORROWDALE ROAD be worth now?

31 BORROWDALE ROAD might now be worth an estimated £471,482.

This is based on house price inflation of 36.7%, between April 2019 and April 2026, for semi-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 36.7% inflationary increase is applied to the most recent sale price for 31 BORROWDALE ROAD of £345,000 on 4th April 2019. For the value to have increased from £345,000 to £471,482 over the seven years to April 2026, the following assumptions must hold true:

• The value of 31 BORROWDALE ROAD has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The April 2019 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 31 BORROWDALE ROAD has not materially changed since April 2019.

How Large is 31 BORROWDALE ROAD?

31 BORROWDALE ROAD is 170m² according to the EPC inspection conducted in August 2017. This puts it in the largest 20% of semi-detached houses houses in Lancaster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lancaster, and where 31 BORROWDALE ROAD lies on this distribution: 85% of semi-detached houses houses are smaller than 31 BORROWDALE ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

31 BORROWDALE ROAD: Plot and Title Map

31 BORROWDALE ROAD sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 31 BORROWDALE 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 31 BORROWDALE 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 31 BORROWDALE ROAD?

31 BORROWDALE ROAD is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 31 on BORROWDALE ROAD.