PEEL GRANGE, GREEN LANE, LANCASTER, LA1 2ES - £485,000

PEEL GRANGE is a very large detached house of 178m², built sometime between 1983 and 1990. It was last sold for £485,000 in October 2021, which was around 59% above the average October 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was C.

PEEL GRANGE Sold Prices

Land registry data shows two sales for PEEL GRANGE 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 PEEL GRANGE 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
2021 15 OCT	£485,000	£305,076	59% above HPI
2001 4 JUN	£225,000	£99,926	125% above HPI

PEEL GRANGE 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 PEEL GRANGE sales from June 2001 and October 2021 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 June 2001 sale was for 125% above the HPI. So the extrapolation line tracks at 125% above the HPI over time, until the October 2021 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is PEEL GRANGE?

PEEL GRANGE is 178m² according to the EPC inspection conducted in January 2018. 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 PEEL GRANGE lies on this distribution: 88% of detached houses are smaller than PEEL GRANGE, and 11% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

PEEL GRANGE: Plot and Title Map

PEEL GRANGE sits on a plot of roughly 0.194 of an acre, or 785m². The below map shows the location of PEEL GRANGE, 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 PEEL GRANGE). 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 PEEL GRANGE?

PEEL GRANGE is located on GREEN LANE in LANCASTER, in the LA1 postcode district. The below map shows the position of PEEL GRANGE on GREEN LANE.