2, CLEATON CLOSE, LANCASTER, LA1 3FW - £299,995

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.

2 CLEATON CLOSE is a very small detached house of 77m², built in 2013, which could now be worth an estimated £398,918. It was last sold for £299,995 in May 2019, which was around 20% above the average May 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was A.

2 CLEATON CLOSE Sold Prices

Land registry data shows one sale for 2 CLEATON CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Lancaster local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 24 MAY	£299,995	£250,269	20% above HPI

What might 2 CLEATON CLOSE be worth now?

2 CLEATON CLOSE might now be worth an estimated £398,918.

This is based on house price inflation of 33%, between May 2019 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 33% inflationary increase is applied to the most recent sale price for 2 CLEATON CLOSE of £299,995 on 24th May 2019. For the value to have increased from £299,995 to £398,918 over the seven years to May 2026, the following assumptions must hold true:

• The value of 2 CLEATON CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The May 2019 sale price of £299,995 represented a fair market value for the property.
• The size, condition, and specification of 2 CLEATON CLOSE has not materially changed since May 2019.

How Large is 2 CLEATON CLOSE?

2 CLEATON CLOSE is 77m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 2 CLEATON CLOSE lies on this distribution: 7% of detached houses are smaller than 2 CLEATON CLOSE, and 92% of detached houses are larger. Note that EPC data is not available for all properties in Lancaster.

2 CLEATON CLOSE: Plot

2 CLEATON CLOSE sits on a plot of roughly 0.063 of an acre, or 256m².

Where is 2 CLEATON CLOSE?

2 CLEATON CLOSE is located in LANCASTER, in the LA1 postcode district.