7, MALLSIDE CLOSE, LANCASTER, LA1 3FZ - £325,000

7 MALLSIDE CLOSE is a midsized detached house of 121m². It was last sold for £325,000 in August 2018, which was around 25% above the average August 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was A.

7 MALLSIDE CLOSE Sold Prices

Land registry data shows two sales for 7 MALLSIDE CLOSE 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 MALLSIDE CLOSE 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
2018 8 AUG	£325,000	£260,343	25% above HPI
2016 22 JAN	£293,950	£239,720	23% above HPI

7 MALLSIDE CLOSE 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 MALLSIDE CLOSE sales from January 2016 and August 2018 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 January 2016 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2018 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 7 MALLSIDE CLOSE?

7 MALLSIDE CLOSE is 121m² according to the EPC inspection conducted in October 2015. This puts it in the largest 50% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 7 MALLSIDE CLOSE lies on this distribution: 51% of detached houses are smaller than 7 MALLSIDE CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

7 MALLSIDE CLOSE: Plot and Title Map

7 MALLSIDE CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 7 MALLSIDE CLOSE, 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 MALLSIDE CLOSE). 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 MALLSIDE CLOSE?

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