18, MASONFIELD CRESCENT, LANCASTER, LA1 3SR - £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.

18 MASONFIELD CRESCENT is a very small semi-detached house of 93m², built sometime between 2003 and 2006, which could now be worth an estimated £246,810. It was last sold for £240,000 in July 2023, which was around 15% above the average July 2023 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

18 MASONFIELD CRESCENT Sold Prices

Land registry data shows three sales for 18 MASONFIELD CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. All of the three 18 MASONFIELD CRESCENT 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 25 JUL	£240,000	£209,201	15% above HPI
2019 25 JAN	£190,000	£157,223	21% above HPI
2003 30 MAY	£144,700	£84,506	71% above HPI

18 MASONFIELD CRESCENT 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 three 18 MASONFIELD CRESCENT sales between May 2003 and July 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 January 2019 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2023 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 18 MASONFIELD CRESCENT be worth now?

18 MASONFIELD CRESCENT might now be worth an estimated £246,810.

This is based on house price inflation of 2.8%, between July 2023 and May 2026, 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 2.8% inflationary increase is applied to the most recent sale price for 18 MASONFIELD CRESCENT of £240,000 on 25th July 2023. For the value to have increased from £240,000 to £246,810 over the three years and two months to May 2026, the following assumptions must hold true:

• The value of 18 MASONFIELD CRESCENT has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The July 2023 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MASONFIELD CRESCENT has not materially changed since July 2023.

How Large is 18 MASONFIELD CRESCENT?

18 MASONFIELD CRESCENT is 93m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of semi-detached houses houses in Lancaster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lancaster, and where 18 MASONFIELD CRESCENT lies on this distribution: 18% of semi-detached houses houses are smaller than 18 MASONFIELD CRESCENT, and 82% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

18 MASONFIELD CRESCENT: Plot and Title Map

18 MASONFIELD CRESCENT sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 18 MASONFIELD CRESCENT, 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 MASONFIELD CRESCENT). 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 MASONFIELD CRESCENT?

18 MASONFIELD CRESCENT is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 18 on MASONFIELD CRESCENT.