23, MASONFIELD CRESCENT, LANCASTER, LA1 3SR - £184,000

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.

23 MASONFIELD CRESCENT is a very small terraced house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £256,675. It was last sold for £184,000 in May 2020, which was around 49% above the average May 2020 terraced price in the Lancaster local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

23 MASONFIELD CRESCENT Sold Prices

Land registry data shows three sales for 23 MASONFIELD CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. All of the three 23 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
2020 26 MAY	£184,000	£123,763	49% above HPI
2005 10 JUN	£152,500	£103,625	47% above HPI
2002 13 DEC	£89,098	£58,980	51% above HPI

23 MASONFIELD CRESCENT 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 three 23 MASONFIELD CRESCENT sales between December 2002 and May 2020 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 June 2005 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the May 2020 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 23 MASONFIELD CRESCENT be worth now?

23 MASONFIELD CRESCENT might now be worth an estimated £256,675.

This is based on house price inflation of 39.5%, between May 2020 and May 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 39.5% inflationary increase is applied to the most recent sale price for 23 MASONFIELD CRESCENT of £184,000 on 26th May 2020. For the value to have increased from £184,000 to £256,675 over the six years to May 2026, the following assumptions must hold true:

• The value of 23 MASONFIELD CRESCENT has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The May 2020 sale price of £184,000 represented a fair market value for the property.
• The size, condition, and specification of 23 MASONFIELD CRESCENT has not materially changed since May 2020.

How Large is 23 MASONFIELD CRESCENT?

23 MASONFIELD CRESCENT is 81m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of terraced houses houses in Lancaster, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lancaster, and where 23 MASONFIELD CRESCENT lies on this distribution: 10% of terraced houses houses are smaller than 23 MASONFIELD CRESCENT, and 89% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

23 MASONFIELD CRESCENT: Plot and Title Map

23 MASONFIELD CRESCENT sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 23 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 23 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 23 MASONFIELD CRESCENT?

23 MASONFIELD CRESCENT is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 23 on MASONFIELD CRESCENT.