118, LOCKFIELD, RUNCORN, WA7 4BE - £70,000

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.

118 LOCKFIELD is a small flat of 46m², built sometime between 2007 and 2011, which could now be worth an estimated £96,330. It was last sold for £70,000 in July 2017, which was around 8% below the average July 2017 flat price in the Halton local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

118 LOCKFIELD Sold Prices

Land registry data shows three sales for 118 LOCKFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Halton local authority area for the corresponding sale date. Two of the three 118 LOCKFIELD sales were for below the average price, whilst one was 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
2017 18 JUL	£70,000	£76,399	8% below HPI
2017 24 FEB	£47,000	£74,980	37% below HPI
2008 6 JUN	£99,500	£86,677	15% above HPI

What might 118 LOCKFIELD be worth now?

118 LOCKFIELD might now be worth an estimated £96,330.

This is based on house price inflation of 37.6%, between July 2017 and May 2026, for flats, in the Halton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.6% inflationary increase is applied to the most recent sale price for 118 LOCKFIELD of £70,000 on 18th July 2017. For the value to have increased from £70,000 to £96,330 over the nine years and two months to May 2026, the following assumptions must hold true:

• The value of 118 LOCKFIELD has moved in line with the HPI for flats in the Halton local authority area.
• The July 2017 sale price of £70,000 represented a fair market value for the property.
• The size, condition, and specification of 118 LOCKFIELD has not materially changed since July 2017.

How Large is 118 LOCKFIELD?

118 LOCKFIELD is 46m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of flats in Runcorn, based on EPC data. 30% of flats are smaller than 118 LOCKFIELD, and 68% of flats are larger. Note that EPC data is not available for all properties in Runcorn.

118 LOCKFIELD: Plot

118 LOCKFIELD sits on a plot of roughly 4.9 acres, or 19,647m².

Where is 118 LOCKFIELD?

118 LOCKFIELD is located in RUNCORN, in the WA7 postcode district.