5, TURNPIKE FOLD, SLYNE, LANCASTER, LA2 6FB - £250,000

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.

5 TURNPIKE FOLD is a very small terraced house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £284,646. It was last sold for £250,000 in July 2021, which was around 71% above the average July 2021 terraced price in the Lancaster local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was A.

5 TURNPIKE FOLD Sold Prices

Land registry data shows four sales for 5 TURNPIKE FOLD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. All of the four 5 TURNPIKE FOLD 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 16 JUL	£250,000	£146,141	71% above HPI
2017 12 MAY	£205,000	£121,892	68% above HPI
2004 2 FEB	£156,500	£79,343	97% above HPI
2000 29 FEB	£84,950	£39,164	117% above HPI

5 TURNPIKE FOLD 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 four 5 TURNPIKE FOLD sales between February 2000 and July 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 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the July 2021 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 5 TURNPIKE FOLD be worth now?

5 TURNPIKE FOLD might now be worth an estimated £284,646.

This is based on house price inflation of 13.9%, between July 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 13.9% inflationary increase is applied to the most recent sale price for 5 TURNPIKE FOLD of £250,000 on 16th July 2021. For the value to have increased from £250,000 to £284,646 over the four years and one month to June 2025, the following assumptions must hold true:

• The value of 5 TURNPIKE FOLD has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The July 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 5 TURNPIKE FOLD has not materially changed since July 2021.

How Large is 5 TURNPIKE FOLD?

5 TURNPIKE FOLD is 72m² according to the EPC inspection conducted in February 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 5 TURNPIKE FOLD lies on this distribution: 4% of terraced houses houses are smaller than 5 TURNPIKE FOLD, and 96% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

5 TURNPIKE FOLD: Plot and Title Map

5 TURNPIKE FOLD sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 5 TURNPIKE FOLD, 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 TURNPIKE FOLD). 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 TURNPIKE FOLD?

5 TURNPIKE FOLD is located in SLYNE, in the LA2 postcode district. The below map shows the position of No. 5 on TURNPIKE FOLD.