7, HORROCKSFORD WAY, LANCASTER, LA1 5UU - £275,000

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.

7 HORROCKSFORD WAY is a midsized detached house of 120m², built sometime between 1983 and 1990, which could now be worth an estimated £400,044. It was last sold for £275,000 in July 2014, which was around 22% above the average July 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.

7 HORROCKSFORD WAY Sold Prices

Land registry data shows two sales for 7 HORROCKSFORD WAY 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 7 HORROCKSFORD WAY 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
2014 4 JUL	£275,000	£224,793	22% above HPI
1999 8 DEC	£115,000	£86,394	33% above HPI

7 HORROCKSFORD WAY 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 7 HORROCKSFORD WAY sales from December 1999 and July 2014 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 December 1999 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the July 2014 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 7 HORROCKSFORD WAY be worth now?

7 HORROCKSFORD WAY might now be worth an estimated £400,044.

This is based on house price inflation of 45.5%, between July 2014 and March 2025, 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 45.5% inflationary increase is applied to the most recent sale price for 7 HORROCKSFORD WAY of £275,000 on 4th July 2014. For the value to have increased from £275,000 to £400,044 over the eleven years and four months to March 2025, the following assumptions must hold true:

• The value of 7 HORROCKSFORD WAY has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The July 2014 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HORROCKSFORD WAY has not materially changed since July 2014.

How Large is 7 HORROCKSFORD WAY?

7 HORROCKSFORD WAY is 120m² according to the EPC inspection conducted in December 2010. 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 7 HORROCKSFORD WAY lies on this distribution: 50% of detached houses houses are smaller than 7 HORROCKSFORD WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

7 HORROCKSFORD WAY: Plot and Title Map

7 HORROCKSFORD WAY sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 7 HORROCKSFORD WAY, 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 7 HORROCKSFORD WAY). 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 7 HORROCKSFORD WAY?

7 HORROCKSFORD WAY is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 7 on HORROCKSFORD WAY.