12, LOW MILL, CATON, LANCASTER, LA2 9HY - £48,000

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.

12 LOW MILL is a small flat of 44m², built sometime between 1991 and 1995, which could now be worth an estimated £172,105. It was last sold for £48,000 in July 1997, which was around 56% above the average July 1997 flat price in the Lancaster local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

12 LOW MILL Sold Prices

Land registry data shows two sales for 12 LOW MILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Lancaster local authority area for the corresponding sale date. Both of the two 12 LOW MILL 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
1997 15 JUL	£48,000	£30,781	56% above HPI
1995 8 SEP	£43,500	£32,717	33% above HPI

What might 12 LOW MILL be worth now?

12 LOW MILL might now be worth an estimated £172,105.

This is based on house price inflation of 258.6%, between July 1997 and May 2026, for flats, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 258.6% inflationary increase is applied to the most recent sale price for 12 LOW MILL of £48,000 on 15th July 1997. For the value to have increased from £48,000 to £172,105 over the 29 years and two months to May 2026, the following assumptions must hold true:

• The value of 12 LOW MILL has moved in line with the HPI for flats in the Lancaster local authority area.
• The July 1997 sale price of £48,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LOW MILL has not materially changed since July 1997.

How Large is 12 LOW MILL?

12 LOW MILL is 44m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of flats in Caton, based on EPC data. 21% of flats are smaller than 12 LOW MILL, and 79% of flats are larger. Note that EPC data is not available for all properties in Caton.

12 LOW MILL: Plot

12 LOW MILL sits on a plot of roughly 2.2 acres, or 8,709m².

Where is 12 LOW MILL?

12 LOW MILL is located in CATON, in the LA2 postcode district.