8, CROFTERS FOLD, GALGATE, LANCASTER, LA2 0RB - £156,000

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.

8 CROFTERS FOLD is a very small terraced house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £225,376. It was last sold for £156,000 in September 2010, which was around 35% above the average September 2010 terraced price in the Lancaster local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was B.

8 CROFTERS FOLD Sold Prices

Land registry data shows two sales for 8 CROFTERS FOLD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. Both of the two 8 CROFTERS FOLD 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
2010 24 SEP	£156,000	£115,174	35% above HPI
2000 20 APR	£75,950	£39,416	93% above HPI

8 CROFTERS FOLD 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 two 8 CROFTERS FOLD sales from April 2000 and September 2010 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 April 2000 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the September 2010 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 8 CROFTERS FOLD be worth now?

8 CROFTERS FOLD might now be worth an estimated £225,376.

This is based on house price inflation of 44.5%, between September 2010 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 44.5% inflationary increase is applied to the most recent sale price for 8 CROFTERS FOLD of £156,000 on 24th September 2010. For the value to have increased from £156,000 to £225,376 over the fifteen years and three months to June 2025, the following assumptions must hold true:

• The value of 8 CROFTERS FOLD has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The September 2010 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CROFTERS FOLD has not materially changed since September 2010.

How Large is 8 CROFTERS FOLD?

8 CROFTERS FOLD is 66m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of terraced houses houses in Galgate, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Galgate, and where 8 CROFTERS FOLD lies on this distribution: 2% of terraced houses houses are smaller than 8 CROFTERS FOLD, and 98% of houses are larger. Note that EPC data is not available for all properties in Galgate.

8 CROFTERS FOLD: Plot and Title Map

8 CROFTERS FOLD sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 8 CROFTERS FOLD, 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 8 CROFTERS FOLD). 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 8 CROFTERS FOLD?

8 CROFTERS FOLD is located in GALGATE, in the LA2 postcode district. The below map shows the position of No. 8 on CROFTERS FOLD.