8, OAKWOOD GARDENS, LANCASTER, LA1 4PF - £465,000

8 OAKWOOD GARDENS is a very large extended detached house of 170m², built sometime between 1983 and 1990. It was last sold for £465,000 in August 2022, which was around 41% above the average August 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

8 OAKWOOD GARDENS Sold Prices

Land registry data shows three sales for 8 OAKWOOD GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the three 8 OAKWOOD GARDENS 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
2022 12 AUG	£465,000	£328,626	41% above HPI
2003 20 AUG	£250,000	£156,318	60% above HPI
1998 20 FEB	£130,000	£80,728	61% above HPI

8 OAKWOOD GARDENS 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 three 8 OAKWOOD GARDENS sales between February 1998 and August 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 August 2003 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the August 2022 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 8 OAKWOOD GARDENS?

8 OAKWOOD GARDENS is 170m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 20% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 8 OAKWOOD GARDENS lies on this distribution: 85% of detached houses are smaller than 8 OAKWOOD GARDENS, and 15% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

8 OAKWOOD GARDENS: Plot and Title Map

8 OAKWOOD GARDENS sits on a plot of roughly 0.206 of an acre, or 834m². The below map shows the location of 8 OAKWOOD GARDENS, 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 8 OAKWOOD GARDENS). 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 8 OAKWOOD GARDENS?

8 OAKWOOD GARDENS is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 8 on OAKWOOD GARDENS.