18, JOHNSON CLOSE, LANCASTER, LA1 5EU - £145,000

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.

18 JOHNSON CLOSE is a terraced house, which could now be worth an estimated £206,919. It was last sold for £145,000 in May 2018, which was around 20% above the average May 2018 terraced price in the Lancaster local authority area.

18 JOHNSON CLOSE Sold Prices

Land registry data shows three sales for 18 JOHNSON CLOSE 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 18 JOHNSON CLOSE 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
2018 24 MAY	£145,000	£120,983	20% above HPI
1999 3 DEC	£51,000	£39,426	29% above HPI
1999 1 OCT	£54,000	£38,965	39% above HPI

What might 18 JOHNSON CLOSE be worth now?

18 JOHNSON CLOSE might now be worth an estimated £206,919.

This is based on house price inflation of 42.7%, between May 2018 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 42.7% inflationary increase is applied to the most recent sale price for 18 JOHNSON CLOSE of £145,000 on 24th May 2018. For the value to have increased from £145,000 to £206,919 over the eight years to May 2026, the following assumptions must hold true:

• The value of 18 JOHNSON CLOSE has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The May 2018 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 18 JOHNSON CLOSE has not materially changed since May 2018.

Where is 18 JOHNSON CLOSE?

18 JOHNSON CLOSE is located in LANCASTER, in the LA1 postcode district.