12, CROFTERS FOLD, GALGATE, LANCASTER, LA2 0RB - £185,000

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.

12 CROFTERS FOLD is a small extended terraced house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £256,202. It was last sold for £185,000 in December 2016, which was around 54% above the average December 2016 terraced price in the Lancaster local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

12 CROFTERS FOLD Sold Prices

Land registry data shows four sales for 12 CROFTERS FOLD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. All of the four 12 CROFTERS FOLD 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
2016 23 DEC	£185,000	£120,151	54% above HPI
2016 1 JUL	£200,000	£120,850	65% above HPI
2001 12 JAN	£93,500	£42,526	120% above HPI
1999 29 OCT	£81,000	£38,965	108% above HPI

12 CROFTERS FOLD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lancaster local authority area over time, sourced from the HPI. The four 12 CROFTERS FOLD sales between October 1999 and December 2016 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 2016 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the December 2016 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 12 CROFTERS FOLD be worth now?

12 CROFTERS FOLD might now be worth an estimated £256,202.

This is based on house price inflation of 38.5%, between December 2016 and June 2025, for terraced 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 38.5% inflationary increase is applied to the most recent sale price for 12 CROFTERS FOLD of £185,000 on 23rd December 2016. For the value to have increased from £185,000 to £256,202 over the nine years and six months to June 2025, the following assumptions must hold true:

• The value of 12 CROFTERS FOLD has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The December 2016 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CROFTERS FOLD has not materially changed since December 2016.

How Large is 12 CROFTERS FOLD?

12 CROFTERS FOLD is 112m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% of terraced houses houses in Galgate, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Galgate, and where 12 CROFTERS FOLD lies on this distribution: 32% of terraced houses houses are smaller than 12 CROFTERS FOLD, and 68% of houses are larger. Note that EPC data is not available for all properties in Galgate.

12 CROFTERS FOLD: Plot and Title Map

12 CROFTERS FOLD sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 12 CROFTERS FOLD, 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 12 CROFTERS FOLD). 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 12 CROFTERS FOLD?

12 CROFTERS FOLD is located in GALGATE, in the LA2 postcode district. The below map shows the position of No. 12 on CROFTERS FOLD.