18, MAIN STREET, COCKERHAM, LANCASTER, LA2 0EF - £150,000

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.

18 MAIN STREET is a very small terraced house of 52m², built sometime between 1983 and 1990, which could now be worth an estimated £218,585. It was last sold for £150,000 in August 2015, which was around 27% above the average August 2015 terraced price in the Lancaster local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was A.

18 MAIN STREET Sold Prices

Land registry data shows four sales for 18 MAIN STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. All of the four 18 MAIN STREET 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
2015 21 AUG	£150,000	£118,526	27% above HPI
2014 18 JUL	£146,500	£116,709	26% above HPI
2004 11 FEB	£135,000	£79,343	70% above HPI
1999 12 JAN	£53,500	£34,815	54% above HPI

18 MAIN STREET 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 four 18 MAIN STREET sales between January 1999 and August 2015 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 July 2014 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2015 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 18 MAIN STREET be worth now?

18 MAIN STREET might now be worth an estimated £218,585.

This is based on house price inflation of 45.7%, between August 2015 and April 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 45.7% inflationary increase is applied to the most recent sale price for 18 MAIN STREET of £150,000 on 21st August 2015. For the value to have increased from £150,000 to £218,585 over the eleven years and four months to April 2026, the following assumptions must hold true:

• The value of 18 MAIN STREET has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The August 2015 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MAIN STREET has not materially changed since August 2015.

How Large is 18 MAIN STREET?

18 MAIN STREET is 52m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of terraced houses houses in Cockerham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cockerham, and where 18 MAIN STREET lies on this distribution: Less than 1% of terraced houses houses are smaller than 18 MAIN STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cockerham.

18 MAIN STREET: Plot and Title Map

18 MAIN STREET sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 18 MAIN STREET, 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 18 MAIN STREET). 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 18 MAIN STREET?

18 MAIN STREET is located in COCKERHAM, in the LA2 postcode district. The below map shows the position of No. 18 on MAIN STREET.