16, ARMITAGE WAY, GALGATE, LANCASTER, LA2 0BN - £260,500

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.

16 ARMITAGE WAY is a very small semi-detached house of 87m², which could now be worth an estimated £265,170. It was last sold for £260,500 in August 2022, which was around 28% above the average August 2022 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was A.

16 ARMITAGE WAY Sold Prices

Land registry data shows two sales for 16 ARMITAGE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 16 ARMITAGE 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 19 AUG	£260,500	£203,303	28% above HPI
2016 30 SEP	£209,950	£150,627	39% above HPI

16 ARMITAGE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 16 ARMITAGE WAY sales from September 2016 and August 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 September 2016 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the August 2022 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 16 ARMITAGE WAY be worth now?

16 ARMITAGE WAY might now be worth an estimated £265,170.

This is based on house price inflation of 1.8%, between August 2022 and June 2025, for semi-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 1.8% inflationary increase is applied to the most recent sale price for 16 ARMITAGE WAY of £260,500 on 19th August 2022. For the value to have increased from £260,500 to £265,170 over the three years and two months to June 2025, the following assumptions must hold true:

• The value of 16 ARMITAGE WAY has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The August 2022 sale price of £260,500 represented a fair market value for the property.
• The size, condition, and specification of 16 ARMITAGE WAY has not materially changed since August 2022.

How Large is 16 ARMITAGE WAY?

16 ARMITAGE WAY is 87m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of semi-detached houses houses in Galgate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Galgate, and where 16 ARMITAGE WAY lies on this distribution: 11% of semi-detached houses houses are smaller than 16 ARMITAGE WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Galgate.

16 ARMITAGE WAY: Plot and Title Map

16 ARMITAGE WAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 16 ARMITAGE 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 16 ARMITAGE 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 16 ARMITAGE WAY?

16 ARMITAGE WAY is located in GALGATE, in the LA2 postcode district. The below map shows the position of No. 16 on ARMITAGE WAY.