12, LYTHAM CLOSE, LANCASTER, LA1 3RN - £145,000

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 LYTHAM CLOSE is a very small terraced house of 75m², built sometime between 2003 and 2006, which could now be worth an estimated £180,073. It was last sold for £145,000 in August 2020, which was around 8% above the average August 2020 terraced price in the Lancaster local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

12 LYTHAM CLOSE Sold Prices

Land registry data shows four sales for 12 LYTHAM CLOSE 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 LYTHAM 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 26 AUG	£145,000	£133,985	8% above HPI
2014 2 MAY	£130,000	£113,969	14% above HPI
2011 25 NOV	£124,000	£105,884	17% above HPI
2003 30 JUN	£84,314	£66,935	26% above HPI

12 LYTHAM CLOSE 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 LYTHAM CLOSE sales between June 2003 and August 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 May 2014 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2020 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 12 LYTHAM CLOSE be worth now?

12 LYTHAM CLOSE might now be worth an estimated £180,073.

This is based on house price inflation of 24.2%, between August 2020 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 24.2% inflationary increase is applied to the most recent sale price for 12 LYTHAM CLOSE of £145,000 on 26th August 2020. For the value to have increased from £145,000 to £180,073 over the five years and two months to June 2025, the following assumptions must hold true:

• The value of 12 LYTHAM CLOSE has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The August 2020 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LYTHAM CLOSE has not materially changed since August 2020.

How Large is 12 LYTHAM CLOSE?

12 LYTHAM CLOSE is 75m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of terraced houses houses in Lancaster, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lancaster, and where 12 LYTHAM CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 12 LYTHAM CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

12 LYTHAM CLOSE: Plot and Title Map

12 LYTHAM CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 12 LYTHAM 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 12 LYTHAM 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 12 LYTHAM CLOSE?

12 LYTHAM CLOSE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 12 on LYTHAM CLOSE.