9, CRAG BANK ROAD, CARNFORTH, LA5 9EG - £170,000

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.

9 CRAG BANK ROAD is a small extended terraced house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £214,245. It was last sold for £170,000 in November 2020, which was around 25% above the average November 2020 terraced price in the Lancaster local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

9 CRAG BANK ROAD Sold Prices

Land registry data shows three sales for 9 CRAG BANK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. All of the three 9 CRAG BANK 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 12 NOV	£170,000	£135,878	25% above HPI
2016 25 JUL	£155,000	£120,850	28% above HPI
2010 14 APR	£144,950	£112,092	29% above HPI

9 CRAG BANK 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 three 9 CRAG BANK ROAD sales between April 2010 and November 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 July 2016 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 9 CRAG BANK ROAD be worth now?

9 CRAG BANK ROAD might now be worth an estimated £214,245.

This is based on house price inflation of 26%, between November 2020 and July 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 26% inflationary increase is applied to the most recent sale price for 9 CRAG BANK ROAD of £170,000 on 12th November 2020. For the value to have increased from £170,000 to £214,245 over the five years and four months to July 2025, the following assumptions must hold true:

• The value of 9 CRAG BANK ROAD has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The November 2020 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CRAG BANK ROAD has not materially changed since November 2020.

How Large is 9 CRAG BANK ROAD?

9 CRAG BANK ROAD is 85m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of terraced houses houses in Carnforth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Carnforth, and where 9 CRAG BANK ROAD lies on this distribution: 31% of terraced houses houses are smaller than 9 CRAG BANK ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Carnforth.

9 CRAG BANK ROAD: Plot and Title Map

9 CRAG BANK ROAD sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 9 CRAG BANK 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 9 CRAG BANK 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 9 CRAG BANK ROAD?

9 CRAG BANK ROAD is located in CARNFORTH, in the LA5 postcode district. The below map shows the position of No. 9 on CRAG BANK ROAD.