29, LOW MILL, CATON, LANCASTER, LA2 9HY - £96,000

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.

29 LOW MILL is a very small flat of 40m², built sometime between 1983 and 1990, which could now be worth an estimated £115,558. It was last sold for £96,000 in February 2020, which was around 5% above the average February 2020 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.

29 LOW MILL Sold Prices

Land registry data shows six sales for 29 LOW MILL since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Lancaster local authority area for the corresponding sale date. Most of the six 29 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
2020 12 FEB	£96,000	£91,687	5% above HPI
2018 16 APR	£95,000	£92,001	3% above HPI
2017 23 FEB	£64,000	£92,363	31% below HPI
2016 29 FEB	£135,000	£86,601	56% above HPI
2001 2 NOV	£66,250	£41,002	62% above HPI
1995 31 OCT	£39,950	£32,427	23% above HPI

What might 29 LOW MILL be worth now?

29 LOW MILL might now be worth an estimated £115,558.

This is based on house price inflation of 20.4%, between February 2020 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 20.4% inflationary increase is applied to the most recent sale price for 29 LOW MILL of £96,000 on 12th February 2020. For the value to have increased from £96,000 to £115,558 over the five years and nine months to May 2026, the following assumptions must hold true:

• The value of 29 LOW MILL has moved in line with the HPI for flats in the Lancaster local authority area.
• The February 2020 sale price of £96,000 represented a fair market value for the property.
• The size, condition, and specification of 29 LOW MILL has not materially changed since February 2020.

How Large is 29 LOW MILL?

29 LOW MILL is 40m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of flats in Caton, based on EPC data. 9% of flats are smaller than 29 LOW MILL, and 85% of flats are larger. Note that EPC data is not available for all properties in Caton.

29 LOW MILL: Plot

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

Where is 29 LOW MILL?

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