2, LOCKFIELD, RUNCORN, WA7 4BD - £70,000

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 LOCKFIELD is a midsized flat of 55m², built sometime between 2003 and 2006, which could now be worth an estimated £96,494. It was last sold for £70,000 in February 2017, which was around 7% below the average February 2017 flat price in the Halton local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

2 LOCKFIELD Sold Prices

Land registry data shows three sales for 2 LOCKFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Halton local authority area for the corresponding sale date. Two of the three 2 LOCKFIELD sales were for below the average price, whilst one was 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
2017 3 FEB	£70,000	£74,980	7% below HPI
2016 11 NOV	£47,500	£74,558	36% below HPI
2007 21 DEC	£114,995	£89,435	29% above HPI

What might 2 LOCKFIELD be worth now?

2 LOCKFIELD might now be worth an estimated £96,494.

This is based on house price inflation of 37.8%, between February 2017 and April 2026, for flats, in the Halton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.8% inflationary increase is applied to the most recent sale price for 2 LOCKFIELD of £70,000 on 3rd February 2017. For the value to have increased from £70,000 to £96,494 over the eight years and ten months to April 2026, the following assumptions must hold true:

• The value of 2 LOCKFIELD has moved in line with the HPI for flats in the Halton local authority area.
• The February 2017 sale price of £70,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LOCKFIELD has not materially changed since February 2017.

How Large is 2 LOCKFIELD?

2 LOCKFIELD is 55m² according to the EPC inspection conducted in August 2016. This puts it in the largest 50% of flats in Runcorn, based on EPC data. 48% of flats are smaller than 2 LOCKFIELD, and 50% of flats are larger. Note that EPC data is not available for all properties in Runcorn.

2 LOCKFIELD: Plot

2 LOCKFIELD sits on a plot of roughly 4.9 acres, or 19,647m².

Where is 2 LOCKFIELD?

2 LOCKFIELD is located in RUNCORN, in the WA7 postcode district.