44, DENNISON CLOSE, LANCASTER, LA1 3SX - £56,250

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.

44 DENNISON CLOSE is a very small semi-detached house of 69m², built in 2018, which could now be worth an estimated £64,570. It was last sold for £56,250 in May 2022, which was around 71% below the average May 2022 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was A.

44 DENNISON CLOSE Sold Prices

Land registry data shows two sales for 44 DENNISON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 44 DENNISON CLOSE 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
2022 25 MAY	£56,250	£196,634	71% below HPI
2018 22 MAR	£118,866	£154,471	23% below HPI

44 DENNISON CLOSE 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 two 44 DENNISON CLOSE sales from March 2018 and May 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 March 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2022 sale, where it falls to 71% below the HPI. The line then continues to track at 71% below the HPI.

What might 44 DENNISON CLOSE be worth now?

44 DENNISON CLOSE might now be worth an estimated £64,570.

This is based on house price inflation of 14.8%, between May 2022 and July 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 14.8% inflationary increase is applied to the most recent sale price for 44 DENNISON CLOSE of £56,250 on 25th May 2022. For the value to have increased from £56,250 to £64,570 over the three years and ten months to July 2026, the following assumptions must hold true:

• The value of 44 DENNISON CLOSE has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The May 2022 sale price of £56,250 represented a fair market value for the property.
• The size, condition, and specification of 44 DENNISON CLOSE has not materially changed since May 2022.

How Large is 44 DENNISON CLOSE?

44 DENNISON CLOSE is 69m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% 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 44 DENNISON CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 44 DENNISON CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

44 DENNISON CLOSE: Plot and Title Map

44 DENNISON CLOSE sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 44 DENNISON CLOSE, 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 44 DENNISON CLOSE). 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 44 DENNISON CLOSE?

44 DENNISON CLOSE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 44 on DENNISON CLOSE.