7, MACDONALD WAY, LANCASTER, LA1 3TA - £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.

7 MACDONALD WAY is a very small semi-detached house of 91m², which could now be worth an estimated £336,698. It was last sold for £250,000 in March 2020, which was around 56% above the average March 2020 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

7 MACDONALD WAY Sold Prices

Land registry data shows two sales for 7 MACDONALD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 7 MACDONALD 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
2020 27 MAR	£250,000	£159,787	56% above HPI
2016 22 AUG	£232,495	£150,526	54% above HPI

7 MACDONALD WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 7 MACDONALD WAY sales from August 2016 and March 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 August 2016 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the March 2020 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 7 MACDONALD WAY be worth now?

7 MACDONALD WAY might now be worth an estimated £336,698.

This is based on house price inflation of 34.7%, between March 2020 and February 2025, for semi-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 34.7% inflationary increase is applied to the most recent sale price for 7 MACDONALD WAY of £250,000 on 27th March 2020. For the value to have increased from £250,000 to £336,698 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 7 MACDONALD WAY has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The March 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MACDONALD WAY has not materially changed since March 2020.

How Large is 7 MACDONALD WAY?

7 MACDONALD WAY is 91m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of semi-detached houses houses in Lancaster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lancaster, and where 7 MACDONALD WAY lies on this distribution: 17% of semi-detached houses houses are smaller than 7 MACDONALD WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

7 MACDONALD WAY: Plot and Title Map

7 MACDONALD WAY sits on a plot of roughly 6.7 acres, or 27,177m². The below map shows the location of 7 MACDONALD 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 MACDONALD 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 MACDONALD WAY?

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