2, GRANT CLOSE, LANCASTER, LA1 5EL - £100,000

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 GRANT CLOSE is a detached house, which could now be worth an estimated £349,270. It was last sold for £100,000 in December 2000, which was around 5% above the average December 2000 detached price in the Lancaster local authority area.

2 GRANT CLOSE Sold Prices

Land registry data shows two sales for 2 GRANT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 2 GRANT 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
2000 1 DEC	£100,000	£95,283	5% above HPI
2000 30 JUN	£102,000	£86,613	18% above HPI

What might 2 GRANT CLOSE be worth now?

2 GRANT CLOSE might now be worth an estimated £349,270.

This is based on house price inflation of 249.3%, between December 2000 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 249.3% inflationary increase is applied to the most recent sale price for 2 GRANT CLOSE of £100,000 on 1st December 2000. For the value to have increased from £100,000 to £349,270 over the 26 years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 GRANT CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The December 2000 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRANT CLOSE has not materially changed since December 2000.

Where is 2 GRANT CLOSE?

2 GRANT CLOSE is located in LANCASTER, in the LA1 postcode district.