5, WINSTER PARK, LANCASTER, LA1 5TH - £227,000

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 WINSTER PARK is a midsized detached house of 115m², built sometime between 1976 and 1982, which could now be worth an estimated £294,039. It was last sold for £227,000 in September 2019, which was around 12% below the average September 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

5 WINSTER PARK Sold Prices

Land registry data shows three sales for 5 WINSTER PARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the three 5 WINSTER PARK sales were for below 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 20 SEP	£227,000	£256,920	12% below HPI
2016 1 SEP	£205,000	£238,145	14% below HPI
2007 16 NOV	£192,000	£247,289	22% below HPI

5 WINSTER PARK 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 three 5 WINSTER PARK sales between November 2007 and September 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 September 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 5 WINSTER PARK be worth now?

5 WINSTER PARK might now be worth an estimated £294,039.

This is based on house price inflation of 29.5%, between September 2019 and May 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 29.5% inflationary increase is applied to the most recent sale price for 5 WINSTER PARK of £227,000 on 20th September 2019. For the value to have increased from £227,000 to £294,039 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 5 WINSTER PARK has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The September 2019 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WINSTER PARK has not materially changed since September 2019.

How Large is 5 WINSTER PARK?

5 WINSTER PARK is 115m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 50% of detached houses houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancaster, and where 5 WINSTER PARK lies on this distribution: 43% of detached houses houses are smaller than 5 WINSTER PARK, and 56% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

5 WINSTER PARK: Plot and Title Map

5 WINSTER PARK sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 5 WINSTER PARK, 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 WINSTER PARK). 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 WINSTER PARK?

5 WINSTER PARK is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 5 on WINSTER PARK.