15, JOHNSON CLOSE, LANCASTER, LA1 5EU - £125,000

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.

15 JOHNSON CLOSE is a detached house, which could now be worth an estimated £280,866. It was last sold for £125,000 in July 2003, which was around 16% below the average July 2003 detached price in the Lancaster local authority area.

15 JOHNSON CLOSE Sold Prices

Land registry data shows two sales for 15 JOHNSON CLOSE 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 15 JOHNSON CLOSE sales were for below 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
2003 23 JUL	£125,000	£148,111	16% below HPI
2001 19 SEP	£86,750	£101,946	15% below HPI

What might 15 JOHNSON CLOSE be worth now?

15 JOHNSON CLOSE might now be worth an estimated £280,866.

This is based on house price inflation of 124.7%, between July 2003 and May 2026, 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 124.7% inflationary increase is applied to the most recent sale price for 15 JOHNSON CLOSE of £125,000 on 23rd July 2003. For the value to have increased from £125,000 to £280,866 over the 23 years and two months to May 2026, the following assumptions must hold true:

• The value of 15 JOHNSON CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The July 2003 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 15 JOHNSON CLOSE has not materially changed since July 2003.

Where is 15 JOHNSON CLOSE?

15 JOHNSON CLOSE is located in LANCASTER, in the LA1 postcode district.