2, COTTON SQUARE, LANCASTER, LA1 5US - £221,995

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.

2 COTTON SQUARE is a very large terraced house of 108m², built in 2018, which could now be worth an estimated £313,018. It was last sold for £221,995 in December 2018, which was around 81% above the average December 2018 terraced price in the Lancaster local authority area. The most recent EPC inspection was December 2018, where the current energy rating was B, and the potential energy rating was A.

2 COTTON SQUARE Sold Prices

Land registry data shows one sale for 2 COTTON SQUARE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 19 DEC	£221,995	£122,442	81% above HPI

What might 2 COTTON SQUARE be worth now?

2 COTTON SQUARE might now be worth an estimated £313,018.

This is based on house price inflation of 41%, between December 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 41% inflationary increase is applied to the most recent sale price for 2 COTTON SQUARE of £221,995 on 19th December 2018. For the value to have increased from £221,995 to £313,018 over the eight years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 COTTON SQUARE has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The December 2018 sale price of £221,995 represented a fair market value for the property.
• The size, condition, and specification of 2 COTTON SQUARE has not materially changed since December 2018.

How Large is 2 COTTON SQUARE?

2 COTTON SQUARE is 108m² according to the EPC inspection conducted in December 2018. This puts it in the largest 20% of terraced houses in Lancaster, based on EPC data. The below chart shows the distribution of terraced houses by size in Lancaster, and where 2 COTTON SQUARE lies on this distribution: 83% of terraced houses are smaller than 2 COTTON SQUARE, and 16% of terraced houses are larger. Note that EPC data is not available for all properties in Lancaster.

2 COTTON SQUARE: Plot

2 COTTON SQUARE sits on a plot of roughly 0.057 of an acre, or 229m².

Where is 2 COTTON SQUARE?

2 COTTON SQUARE is located in LANCASTER, in the LA1 postcode district.