22, LANCASTER CLOSE, GREAT ECCLESTON, PRESTON, PR3 0UT - £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.

22 LANCASTER CLOSE is a very small extended terraced house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £212,527. It was last sold for £150,000 in January 2015, which was around 46% above the average January 2015 terraced price in the Wyre local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

22 LANCASTER CLOSE Sold Prices

Land registry data shows five sales for 22 LANCASTER CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Wyre local authority area for the corresponding sale date. All of the five 22 LANCASTER CLOSE 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 23 JAN	£150,000	£102,798	46% above HPI
2007 8 JAN	£150,000	£116,320	29% above HPI
2004 23 DEC	£145,000	£102,225	42% above HPI
2004 28 MAY	£127,000	£86,260	47% above HPI
2002 24 JUL	£83,500	£52,412	59% above HPI

22 LANCASTER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wyre local authority area over time, sourced from the HPI. The five 22 LANCASTER CLOSE sales between July 2002 and January 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 January 2007 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the January 2015 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 22 LANCASTER CLOSE be worth now?

22 LANCASTER CLOSE might now be worth an estimated £212,527.

This is based on house price inflation of 41.7%, between January 2015 and April 2026, for terraced houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.7% inflationary increase is applied to the most recent sale price for 22 LANCASTER CLOSE of £150,000 on 23rd January 2015. For the value to have increased from £150,000 to £212,527 over the ten years and nine months to April 2026, the following assumptions must hold true:

• The value of 22 LANCASTER CLOSE has moved in line with the HPI for terraced houses in the Wyre local authority area.
• The January 2015 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 22 LANCASTER CLOSE has not materially changed since January 2015.

How Large is 22 LANCASTER CLOSE?

22 LANCASTER CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of terraced houses houses in Great Eccleston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Great Eccleston, and where 22 LANCASTER CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 22 LANCASTER CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Great Eccleston.

22 LANCASTER CLOSE: Plot and Title Map

22 LANCASTER CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 22 LANCASTER CLOSE, 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 LANCASTER CLOSE). 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 LANCASTER CLOSE?

22 LANCASTER CLOSE is located in GREAT ECCLESTON, in the PR3 postcode district. The below map shows the position of No. 22 on LANCASTER CLOSE.