16, SCOTFORTH ROAD, LANCASTER, LA1 4ST - £80,000

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.

16 SCOTFORTH ROAD is a very small extended flat of 42m², built sometime between 1930 and 1949, which could now be worth an estimated £80,159. It was last sold for £80,000 in May 2022, which was around 27% below the average May 2022 flat price in the Lancaster local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

16 SCOTFORTH ROAD Sold Prices

Land registry data shows three sales for 16 SCOTFORTH ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Lancaster local authority area for the corresponding sale date. All of the three 16 SCOTFORTH ROAD sales were for below 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
2022 4 MAY	£80,000	£109,719	27% below HPI
2005 30 SEP	£66,900	£91,248	27% below HPI
2000 4 DEC	£19,000	£37,124	49% below HPI

What might 16 SCOTFORTH ROAD be worth now?

16 SCOTFORTH ROAD might now be worth an estimated £80,159.

This is based on house price inflation of 0.2%, between May 2022 and April 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 0.2% inflationary increase is applied to the most recent sale price for 16 SCOTFORTH ROAD of £80,000 on 4th May 2022. For the value to have increased from £80,000 to £80,159 over the four years and one month to April 2026, the following assumptions must hold true:

• The value of 16 SCOTFORTH ROAD has moved in line with the HPI for flats in the Lancaster local authority area.
• The May 2022 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SCOTFORTH ROAD has not materially changed since May 2022.

How Large is 16 SCOTFORTH ROAD?

16 SCOTFORTH ROAD is 42m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of flats in Lancaster, based on EPC data. 8% of flats are smaller than 16 SCOTFORTH ROAD, and 90% of flats are larger. Note that EPC data is not available for all properties in Lancaster.

16 SCOTFORTH ROAD: Plot

16 SCOTFORTH ROAD sits on a plot of roughly 0.022 of an acre, or 89m².

Where is 16 SCOTFORTH ROAD?

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