5, CRAIGLANDS COURT, ALDCLIFFE, LANCASTER, LA1 5AU - £402,500

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.

5 CRAIGLANDS COURT is a very small extended detached house of 143m², built sometime between 1976 and 1982, which could now be worth an estimated £644,654. It was last sold for £402,500 in August 2012, which was around 85% above the average August 2012 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

5 CRAIGLANDS COURT Sold Prices

Land registry data shows two sales for 5 CRAIGLANDS COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 5 CRAIGLANDS COURT 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
2012 23 AUG	£402,500	£217,380	85% above HPI
2001 29 OCT	£165,000	£104,630	58% above HPI

5 CRAIGLANDS COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 5 CRAIGLANDS COURT sales from October 2001 and August 2012 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 2001 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the August 2012 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might 5 CRAIGLANDS COURT be worth now?

5 CRAIGLANDS COURT might now be worth an estimated £644,654.

This is based on house price inflation of 60.2%, between August 2012 and July 2026, for 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 60.2% inflationary increase is applied to the most recent sale price for 5 CRAIGLANDS COURT of £402,500 on 23rd August 2012. For the value to have increased from £402,500 to £644,654 over the fourteen years and one month to July 2026, the following assumptions must hold true:

• The value of 5 CRAIGLANDS COURT has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The August 2012 sale price of £402,500 represented a fair market value for the property.
• The size, condition, and specification of 5 CRAIGLANDS COURT has not materially changed since August 2012.

How Large is 5 CRAIGLANDS COURT?

5 CRAIGLANDS COURT is 143m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses houses in Aldcliffe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Aldcliffe, and where 5 CRAIGLANDS COURT lies on this distribution: 19% of detached houses houses are smaller than 5 CRAIGLANDS COURT, and 78% of houses are larger. Note that EPC data is not available for all properties in Aldcliffe.

5 CRAIGLANDS COURT: Plot and Title Map

5 CRAIGLANDS COURT sits on a plot of roughly 0.195 of an acre, or 790m². The below map shows the location of 5 CRAIGLANDS COURT, 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 5 CRAIGLANDS COURT). 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 5 CRAIGLANDS COURT?

5 CRAIGLANDS COURT is located in ALDCLIFFE, in the LA1 postcode district. The below map shows the position of No. 5 on CRAIGLANDS COURT.