25, ASHCROFT CLOSE, CATON, LANCASTER, LA2 9RX - £185,000

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.

25 ASHCROFT CLOSE is a small extended terraced house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £255,562. It was last sold for £185,000 in May 2019, which was around 48% above the average May 2019 terraced price in the Lancaster local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

25 ASHCROFT CLOSE Sold Prices

Land registry data shows two sales for 25 ASHCROFT CLOSE 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 25 ASHCROFT 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
2019 3 MAY	£185,000	£125,031	48% above HPI
1997 2 MAY	£54,000	£35,592	52% above HPI

25 ASHCROFT CLOSE 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 25 ASHCROFT CLOSE sales from May 1997 and May 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 May 1997 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the May 2019 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 25 ASHCROFT CLOSE be worth now?

25 ASHCROFT CLOSE might now be worth an estimated £255,562.

This is based on house price inflation of 38.1%, between May 2019 and April 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 38.1% inflationary increase is applied to the most recent sale price for 25 ASHCROFT CLOSE of £185,000 on 3rd May 2019. For the value to have increased from £185,000 to £255,562 over the seven years and one month to April 2026, the following assumptions must hold true:

• The value of 25 ASHCROFT CLOSE has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The May 2019 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 25 ASHCROFT CLOSE has not materially changed since May 2019.

How Large is 25 ASHCROFT CLOSE?

25 ASHCROFT CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of terraced houses houses in Caton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Caton, and where 25 ASHCROFT CLOSE lies on this distribution: 24% of terraced houses houses are smaller than 25 ASHCROFT CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Caton.

25 ASHCROFT CLOSE: Plot and Title Map

25 ASHCROFT CLOSE sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 25 ASHCROFT 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 25 ASHCROFT 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 25 ASHCROFT CLOSE?

25 ASHCROFT CLOSE is located in CATON, in the LA2 postcode district. The below map shows the position of No. 25 on ASHCROFT CLOSE.