24, MARINER WAY, LANCASTER, LA1 5TS - £181,500

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.

24 MARINER WAY is a very small terraced house of 77m², which could now be worth an estimated £207,796. It was last sold for £181,500 in April 2021, which was around 25% above the average April 2021 terraced price in the Lancaster local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was A.

24 MARINER WAY Sold Prices

Land registry data shows two sales for 24 MARINER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. Both of the two 24 MARINER WAY 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
2021 27 APR	£181,500	£145,337	25% above HPI
2017 26 MAY	£179,995	£121,892	48% above HPI

24 MARINER WAY 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 two 24 MARINER WAY sales from May 2017 and April 2021 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 May 2017 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the April 2021 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 24 MARINER WAY be worth now?

24 MARINER WAY might now be worth an estimated £207,796.

This is based on house price inflation of 14.5%, between April 2021 and June 2025, 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 14.5% inflationary increase is applied to the most recent sale price for 24 MARINER WAY of £181,500 on 27th April 2021. For the value to have increased from £181,500 to £207,796 over the three years and ten months to June 2025, the following assumptions must hold true:

• The value of 24 MARINER WAY has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The April 2021 sale price of £181,500 represented a fair market value for the property.
• The size, condition, and specification of 24 MARINER WAY has not materially changed since April 2021.

How Large is 24 MARINER WAY?

24 MARINER WAY is 77m² according to the EPC inspection conducted in May 2017. 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 24 MARINER WAY lies on this distribution: 7% of terraced houses houses are smaller than 24 MARINER WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

24 MARINER WAY: Plot and Title Map

24 MARINER WAY sits on a plot of roughly 7.2 acres, or 29,015m². The below map shows the location of 24 MARINER WAY, 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 24 MARINER WAY). 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 24 MARINER WAY?

24 MARINER WAY is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 24 on MARINER WAY.