50, SCOTFORTH ROAD, LANCASTER, LA1 4SE - £220,000

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.

50 SCOTFORTH ROAD is a midsized extended terraced house of 113m², built sometime before 1900, which could now be worth an estimated £295,780. It was last sold for £220,000 in May 2020, which was around 78% above the average May 2020 terraced price in the Lancaster local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

50 SCOTFORTH ROAD Sold Prices

Land registry data shows five sales for 50 SCOTFORTH ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. All of the five 50 SCOTFORTH ROAD 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
2020 22 MAY	£220,000	£123,763	78% above HPI
2010 8 OCT	£174,950	£113,151	55% above HPI
2004 24 NOV	£158,000	£100,608	57% above HPI
2002 31 MAY	£90,000	£48,669	85% above HPI
1999 10 AUG	£60,000	£39,065	54% above HPI

50 SCOTFORTH ROAD 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 five 50 SCOTFORTH ROAD sales between August 1999 and May 2020 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 2010 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the May 2020 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might 50 SCOTFORTH ROAD be worth now?

50 SCOTFORTH ROAD might now be worth an estimated £295,780.

This is based on house price inflation of 34.4%, between May 2020 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 34.4% inflationary increase is applied to the most recent sale price for 50 SCOTFORTH ROAD of £220,000 on 22nd May 2020. For the value to have increased from £220,000 to £295,780 over the four years and eleven months to June 2025, the following assumptions must hold true:

• The value of 50 SCOTFORTH ROAD has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The May 2020 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 50 SCOTFORTH ROAD has not materially changed since May 2020.

How Large is 50 SCOTFORTH ROAD?

50 SCOTFORTH ROAD is 113m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 50% 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 50 SCOTFORTH ROAD lies on this distribution: 40% of terraced houses houses are smaller than 50 SCOTFORTH ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

50 SCOTFORTH ROAD: Plot and Title Map

50 SCOTFORTH ROAD sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 50 SCOTFORTH ROAD, 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 50 SCOTFORTH ROAD). 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 50 SCOTFORTH ROAD?

50 SCOTFORTH ROAD is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 50 on SCOTFORTH ROAD.