38, NEWLANDS AVENUE, LANCASTER, LA1 4HU - £91,000

38 NEWLANDS AVENUE is a large extended detached house of 132m², built sometime between 1900 and 1929. It was last sold for £91,000 in January 2002, which was around 15% below the average January 2002 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

38 NEWLANDS AVENUE Sold Prices

Land registry data shows two sales for 38 NEWLANDS AVENUE 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 38 NEWLANDS AVENUE 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
2002 11 JAN	£91,000	£106,787	15% below HPI
1996 29 AUG	£45,000	£78,615	43% below HPI

38 NEWLANDS AVENUE 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 38 NEWLANDS AVENUE sales from August 1996 and January 2002 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 1996 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2002 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 38 NEWLANDS AVENUE?

38 NEWLANDS AVENUE is 132m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 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 38 NEWLANDS AVENUE lies on this distribution: 65% of detached houses are smaller than 38 NEWLANDS AVENUE, and 33% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

38 NEWLANDS AVENUE: Plot and Title Map

38 NEWLANDS AVENUE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 38 NEWLANDS AVENUE, 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 38 NEWLANDS AVENUE). 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 38 NEWLANDS AVENUE?

38 NEWLANDS AVENUE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 38 on NEWLANDS AVENUE.