28, LOW MILL, CATON, LANCASTER, LA2 9HY - £89,000

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.

28 LOW MILL is a very large flat of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £106,347. It was last sold for £89,000 in February 2017, which was around 4% below the average February 2017 flat price in the Lancaster local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

28 LOW MILL Sold Prices

Land registry data shows two sales for 28 LOW MILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Lancaster local authority area for the corresponding sale date. One of the two 28 LOW MILL sales was for below the average price, whilst the other 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 28 FEB	£89,000	£92,363	4% below HPI
2016 29 FEB	£140,000	£86,601	62% above HPI

What might 28 LOW MILL be worth now?

28 LOW MILL might now be worth an estimated £106,347.

This is based on house price inflation of 19.5%, between February 2017 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 19.5% inflationary increase is applied to the most recent sale price for 28 LOW MILL of £89,000 on 28th February 2017. For the value to have increased from £89,000 to £106,347 over the eight years and nine months to May 2026, the following assumptions must hold true:

• The value of 28 LOW MILL has moved in line with the HPI for flats in the Lancaster local authority area.
• The February 2017 sale price of £89,000 represented a fair market value for the property.
• The size, condition, and specification of 28 LOW MILL has not materially changed since February 2017.

How Large is 28 LOW MILL?

28 LOW MILL is 110m² according to the EPC inspection conducted in September 2016. This puts it in the largest 10% of flats in Caton, based on EPC data. 94% of flats are smaller than 28 LOW MILL, and 6% of flats are larger. Note that EPC data is not available for all properties in Caton.

28 LOW MILL: Plot

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

Where is 28 LOW MILL?

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