12, MACDONALD WAY, LANCASTER, LA1 3TA - £440,000

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 MACDONALD WAY is a large detached house of 142m², which could now be worth an estimated £481,499. It was last sold for £440,000 in March 2022, which was around 44% above the average March 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was A.

12 MACDONALD WAY Sold Prices

Land registry data shows two sales for 12 MACDONALD WAY 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 12 MACDONALD WAY 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
2022 11 MAR	£440,000	£305,237	44% above HPI
2016 23 FEB	£367,995	£229,986	60% above HPI

12 MACDONALD WAY 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 12 MACDONALD WAY sales from February 2016 and March 2022 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 February 2016 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the March 2022 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 12 MACDONALD WAY be worth now?

12 MACDONALD WAY might now be worth an estimated £481,499.

This is based on house price inflation of 9.4%, between March 2022 and February 2025, for detached 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 9.4% inflationary increase is applied to the most recent sale price for 12 MACDONALD WAY of £440,000 on 11th March 2022. For the value to have increased from £440,000 to £481,499 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 12 MACDONALD WAY has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The March 2022 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MACDONALD WAY has not materially changed since March 2022.

How Large is 12 MACDONALD WAY?

12 MACDONALD WAY is 142m² according to the EPC inspection conducted in February 2016. This puts it in the largest 30% of detached houses houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancaster, and where 12 MACDONALD WAY lies on this distribution: 72% of detached houses houses are smaller than 12 MACDONALD WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

12 MACDONALD WAY: Plot and Title Map

12 MACDONALD WAY sits on a plot of roughly 6.7 acres, or 27,177m². The below map shows the location of 12 MACDONALD WAY, 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 MACDONALD WAY). 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 MACDONALD WAY?

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