THE VILLA, STANMORE DRIVE, LANCASTER, LA1 5BL - £662,500

THE VILLA is a very large extended detached house of 482m², built sometime between 1976 and 1982. It was last sold for £662,500 in April 2015, which was around 187% above the average April 2015 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

THE VILLA Sold Prices

Land registry data shows two sales for THE VILLA 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 THE VILLA 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
2015 17 APR	£662,500	£230,446	187% above HPI
2003 31 JUL	£610,000	£152,688	300% above HPI

THE VILLA 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 THE VILLA sales from July 2003 and April 2015 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 July 2003 sale was for 300% above the HPI. So the extrapolation line tracks at 300% above the HPI over time, until the April 2015 sale, where it falls to 187% above the HPI. The line then continues to track at 187% above the HPI.

How Large is THE VILLA?

THE VILLA is 482m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 10% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where THE VILLA lies on this distribution: More than 99% of detached houses are smaller than THE VILLA, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

THE VILLA: Plot and Title Map

THE VILLA sits on a plot of roughly 0.508 of an acre, or 2,058m². The below map shows the location of THE VILLA, 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 THE VILLA). 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 THE VILLA?

THE VILLA is located on STANMORE DRIVE in LANCASTER, in the LA1 postcode district. The below map shows the position of THE VILLA on STANMORE DRIVE.