1, LANCASTER CLOSE, SCALBY, SCARBOROUGH, YO13 0SS - £420,000

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.

1 LANCASTER CLOSE is a very large detached house of 162m², built sometime between 1991 and 1995, which could now be worth an estimated £514,513. It was last sold for £420,000 in July 2020, which was around 19% above the average July 2020 detached price in the North Yorkshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

1 LANCASTER CLOSE Sold Prices

Land registry data shows four sales for 1 LANCASTER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. All of the four 1 LANCASTER CLOSE 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
2020 2 JUL	£420,000	£354,352	19% above HPI
2004 26 JUL	£274,000	£249,136	10% above HPI
1999 27 AUG	£141,250	£112,603	25% above HPI
1996 24 MAY	£150,000	£92,491	62% above HPI

1 LANCASTER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The four 1 LANCASTER CLOSE sales between May 1996 and July 2020 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 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2020 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 1 LANCASTER CLOSE be worth now?

1 LANCASTER CLOSE might now be worth an estimated £514,513.

This is based on house price inflation of 22.5%, between July 2020 and February 2025, for detached houses, in the North Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.5% inflationary increase is applied to the most recent sale price for 1 LANCASTER CLOSE of £420,000 on 2nd July 2020. For the value to have increased from £420,000 to £514,513 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 1 LANCASTER CLOSE has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The July 2020 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LANCASTER CLOSE has not materially changed since July 2020.

How Large is 1 LANCASTER CLOSE?

1 LANCASTER CLOSE is 162m² according to the EPC inspection conducted in October 2019. This puts it in the largest 20% of detached houses houses in Scalby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Scalby, and where 1 LANCASTER CLOSE lies on this distribution: 80% of detached houses houses are smaller than 1 LANCASTER CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Scalby.

1 LANCASTER CLOSE: Plot and Title Map

1 LANCASTER CLOSE sits on a plot of roughly 13.8 acres, or 55,682m². The below map shows the location of 1 LANCASTER 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 1 LANCASTER 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 1 LANCASTER CLOSE?

1 LANCASTER CLOSE is located in SCALBY, in the YO13 postcode district. The below map shows the position of No. 1 on LANCASTER CLOSE.