22, CRAG BANK ROAD, CARNFORTH, LA5 9EH - £182,500

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.

22 CRAG BANK ROAD is a very small semi-detached house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £244,719. It was last sold for £182,500 in August 2019, which was around 14% above the average August 2019 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

22 CRAG BANK ROAD Sold Prices

Land registry data shows two sales for 22 CRAG BANK ROAD 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 22 CRAG BANK ROAD 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
2019 30 AUG	£182,500	£160,439	14% above HPI
1998 30 OCT	£51,000	£49,185	4% above HPI

22 CRAG BANK ROAD 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 22 CRAG BANK ROAD sales from October 1998 and August 2019 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 October 1998 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2019 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 22 CRAG BANK ROAD be worth now?

22 CRAG BANK ROAD might now be worth an estimated £244,719.

This is based on house price inflation of 34.1%, between August 2019 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 34.1% inflationary increase is applied to the most recent sale price for 22 CRAG BANK ROAD of £182,500 on 30th August 2019. For the value to have increased from £182,500 to £244,719 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 22 CRAG BANK ROAD has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The August 2019 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 22 CRAG BANK ROAD has not materially changed since August 2019.

How Large is 22 CRAG BANK ROAD?

22 CRAG BANK ROAD is 66m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of semi-detached houses houses in Carnforth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Carnforth, and where 22 CRAG BANK ROAD lies on this distribution: 4% of semi-detached houses houses are smaller than 22 CRAG BANK ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Carnforth.

22 CRAG BANK ROAD: Plot and Title Map

22 CRAG BANK ROAD sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 22 CRAG BANK ROAD, 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 22 CRAG BANK ROAD). 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 22 CRAG BANK ROAD?

22 CRAG BANK ROAD is located in CARNFORTH, in the LA5 postcode district. The below map shows the position of No. 22 on CRAG BANK ROAD.