25, LOW MILL, CATON, LANCASTER, LA2 9HY - £90,000

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.

25 LOW MILL is a very small flat of 39m², built sometime between 1996 and 2002, which could now be worth an estimated £109,850. It was last sold for £90,000 in May 2018, which was about the average May 2018 flat price in the Lancaster local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

25 LOW MILL Sold Prices

Land registry data shows five sales for 25 LOW MILL since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Lancaster local authority area for the corresponding sale date. The five 25 LOW MILL sales were a mix of roughly equal to the average price, and 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
2018 11 MAY	£90,000	£90,423	Close to HPI
2003 21 FEB	£64,500	£54,298	19% above HPI
2002 25 NOV	£60,000	£52,356	15% above HPI
2000 7 JUN	£53,950	£33,933	59% above HPI
1995 21 DEC	£40,000	£31,960	25% above HPI

What might 25 LOW MILL be worth now?

25 LOW MILL might now be worth an estimated £109,850.

This is based on house price inflation of 22.1%, between May 2018 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 22.1% inflationary increase is applied to the most recent sale price for 25 LOW MILL of £90,000 on 11th May 2018. For the value to have increased from £90,000 to £109,850 over the eight years to May 2026, the following assumptions must hold true:

• The value of 25 LOW MILL has moved in line with the HPI for flats in the Lancaster local authority area.
• The May 2018 sale price of £90,000 represented a fair market value for the property.
• The size, condition, and specification of 25 LOW MILL has not materially changed since May 2018.

How Large is 25 LOW MILL?

25 LOW MILL is 39m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of flats in Caton, based on EPC data. 6% of flats are smaller than 25 LOW MILL, and 94% of flats are larger. Note that EPC data is not available for all properties in Caton.

25 LOW MILL: Plot

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

Where is 25 LOW MILL?

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