131, SCOTFORTH ROAD, LANCASTER, LA1 4JN - £240,000

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.

131 SCOTFORTH ROAD is a very large terraced house of 148m², built sometime between 1900 and 1929, which could now be worth an estimated £380,949. It was last sold for £240,000 in May 2012, which was around 121% above the average May 2012 terraced price in the Lancaster local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

131 SCOTFORTH ROAD Sold Prices

Land registry data shows one sale for 131 SCOTFORTH ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 21 MAY	£240,000	£108,768	121% above HPI

What might 131 SCOTFORTH ROAD be worth now?

131 SCOTFORTH ROAD might now be worth an estimated £380,949.

This is based on house price inflation of 58.7%, between May 2012 and May 2026, 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 58.7% inflationary increase is applied to the most recent sale price for 131 SCOTFORTH ROAD of £240,000 on 21st May 2012. For the value to have increased from £240,000 to £380,949 over the fourteen years to May 2026, the following assumptions must hold true:

• The value of 131 SCOTFORTH ROAD has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The May 2012 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 131 SCOTFORTH ROAD has not materially changed since May 2012.

How Large is 131 SCOTFORTH ROAD?

131 SCOTFORTH ROAD is 148m² according to the EPC inspection conducted in January 2012. This puts it in the largest 10% of terraced houses in Lancaster, based on EPC data. The below chart shows the distribution of terraced houses by size in Lancaster, and where 131 SCOTFORTH ROAD lies on this distribution: 95% of terraced houses are smaller than 131 SCOTFORTH ROAD, and 5% of terraced houses are larger. Note that EPC data is not available for all properties in Lancaster.

131 SCOTFORTH ROAD: Plot

131 SCOTFORTH ROAD sits on a plot of roughly 0.041 of an acre, or 166m².

Where is 131 SCOTFORTH ROAD?

131 SCOTFORTH ROAD is located in LANCASTER, in the LA1 postcode district.