17, LAUND GARDENS, GALGATE, LANCASTER, LA2 0LE - £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.

17 LAUND GARDENS is a very small terraced house of 70m², built in 2017, which could now be worth an estimated £244,866. It was last sold for £240,000 in January 2023, which was around 42% above the average January 2023 terraced price in the Lancaster local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was A.

17 LAUND GARDENS Sold Prices

Land registry data shows two sales for 17 LAUND GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. Both of the two 17 LAUND GARDENS 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
2023 16 JAN	£240,000	£169,215	42% above HPI
2017 28 JUN	£162,995	£122,666	33% above HPI

17 LAUND GARDENS 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 two 17 LAUND GARDENS sales from June 2017 and January 2023 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 June 2017 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the January 2023 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 17 LAUND GARDENS be worth now?

17 LAUND GARDENS might now be worth an estimated £244,866.

This is based on house price inflation of 2%, between January 2023 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 2% inflationary increase is applied to the most recent sale price for 17 LAUND GARDENS of £240,000 on 16th January 2023. For the value to have increased from £240,000 to £244,866 over the two years and eight months to May 2026, the following assumptions must hold true:

• The value of 17 LAUND GARDENS has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The January 2023 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 17 LAUND GARDENS has not materially changed since January 2023.

How Large is 17 LAUND GARDENS?

17 LAUND GARDENS is 70m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of terraced houses houses in Galgate, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Galgate, and where 17 LAUND GARDENS lies on this distribution: 2% of terraced houses houses are smaller than 17 LAUND GARDENS, and 98% of houses are larger. Note that EPC data is not available for all properties in Galgate.

17 LAUND GARDENS: Plot and Title Map

17 LAUND GARDENS sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 17 LAUND GARDENS, 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 17 LAUND GARDENS). 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 17 LAUND GARDENS?

17 LAUND GARDENS is located in GALGATE, in the LA2 postcode district. The below map shows the position of No. 17 on LAUND GARDENS.