118, SCOTFORTH ROAD, LANCASTER, LA1 4NP - £130,000

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 SCOTFORTH ROAD is a terraced house, which could now be worth an estimated £184,527. It was last sold for £130,000 in July 2008, which was around 7% above the average July 2008 terraced price in the Lancaster local authority area.

118 SCOTFORTH ROAD Sold Prices

Land registry data shows three sales for 118 SCOTFORTH 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 118 SCOTFORTH 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
2008 4 JUL	£130,000	£121,630	7% above HPI
2002 25 MAR	£49,995	£47,300	6% above HPI
1996 4 JUL	£40,000	£34,926	15% above HPI

What might 118 SCOTFORTH ROAD be worth now?

118 SCOTFORTH ROAD might now be worth an estimated £184,527.

This is based on house price inflation of 41.9%, between July 2008 and May 2026, 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 41.9% inflationary increase is applied to the most recent sale price for 118 SCOTFORTH ROAD of £130,000 on 4th July 2008. For the value to have increased from £130,000 to £184,527 over the eighteen years and two months to May 2026, the following assumptions must hold true:

• The value of 118 SCOTFORTH ROAD has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The July 2008 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 118 SCOTFORTH ROAD has not materially changed since July 2008.

Where is 118 SCOTFORTH ROAD?

118 SCOTFORTH ROAD is located in LANCASTER, in the LA1 postcode district.