24, LOW MILL, CATON, LANCASTER, LA2 9HY - £113,000

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.

24 LOW MILL is a midsized flat of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £129,933. It was last sold for £113,000 in December 2019, which was around 18% above the average December 2019 flat price in the Lancaster local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was B.

24 LOW MILL Sold Prices

Land registry data shows four sales for 24 LOW MILL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Lancaster local authority area for the corresponding sale date. All of the four 24 LOW MILL 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
2019 20 DEC	£113,000	£95,983	18% above HPI
1996 17 OCT	£50,000	£30,787	62% above HPI
1996 10 MAY	£52,000	£30,124	73% above HPI
1995 11 JAN	£51,000	£32,774	56% above HPI

What might 24 LOW MILL be worth now?

24 LOW MILL might now be worth an estimated £129,933.

This is based on house price inflation of 15%, between December 2019 and May 2026, for flats, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15% inflationary increase is applied to the most recent sale price for 24 LOW MILL of £113,000 on 20th December 2019. For the value to have increased from £113,000 to £129,933 over the seven years and seven months to May 2026, the following assumptions must hold true:

• The value of 24 LOW MILL has moved in line with the HPI for flats in the Lancaster local authority area.
• The December 2019 sale price of £113,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LOW MILL has not materially changed since December 2019.

How Large is 24 LOW MILL?

24 LOW MILL is 56m² according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of flats in Caton, based on EPC data. 52% of flats are smaller than 24 LOW MILL, and 45% of flats are larger. Note that EPC data is not available for all properties in Caton.

24 LOW MILL: Plot

24 LOW MILL sits on a plot of roughly 2.2 acres, or 8,709m².

Where is 24 LOW MILL?

24 LOW MILL is located in CATON, in the LA2 postcode district.