2, CRAG BANK CRESCENT, CARNFORTH, LA5 9EQ - £225,000

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.

2 CRAG BANK CRESCENT is a very small detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £262,581. It was last sold for £225,000 in June 2021, which was around 21% below the average June 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

2 CRAG BANK CRESCENT Sold Prices

Land registry data shows one sale for 2 CRAG BANK CRESCENT since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached 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
2021 23 JUN	£225,000	£285,165	21% below HPI

What might 2 CRAG BANK CRESCENT be worth now?

2 CRAG BANK CRESCENT might now be worth an estimated £262,581.

This is based on house price inflation of 16.7%, between June 2021 and May 2026, for detached 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 16.7% inflationary increase is applied to the most recent sale price for 2 CRAG BANK CRESCENT of £225,000 on 23rd June 2021. For the value to have increased from £225,000 to £262,581 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 2 CRAG BANK CRESCENT has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The June 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CRAG BANK CRESCENT has not materially changed since June 2021.

How Large is 2 CRAG BANK CRESCENT?

2 CRAG BANK CRESCENT is 79m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses in Carnforth, based on EPC data. The below chart shows the distribution of detached houses by size in Carnforth, and where 2 CRAG BANK CRESCENT lies on this distribution: 16% of detached houses are smaller than 2 CRAG BANK CRESCENT, and 80% of detached houses are larger. Note that EPC data is not available for all properties in Carnforth.

2 CRAG BANK CRESCENT: Plot

2 CRAG BANK CRESCENT sits on a plot of roughly 0.107 of an acre, or 432m².

Where is 2 CRAG BANK CRESCENT?

2 CRAG BANK CRESCENT is located in CARNFORTH, in the LA5 postcode district.