3, MALLSIDE CLOSE, LANCASTER, LA1 3FZ - £284,950

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.

3 MALLSIDE CLOSE is a midsized detached house of 116m², built in 2013, which could now be worth an estimated £403,034. It was last sold for £284,950 in November 2015, which was around 21% above the average November 2015 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was A.

3 MALLSIDE CLOSE Sold Prices

Land registry data shows one sale for 3 MALLSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Lancaster local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 13 NOV	£284,950	£235,290	21% above HPI

What might 3 MALLSIDE CLOSE be worth now?

3 MALLSIDE CLOSE might now be worth an estimated £403,034.

This is based on house price inflation of 41.4%, between November 2015 and May 2026, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.4% inflationary increase is applied to the most recent sale price for 3 MALLSIDE CLOSE of £284,950 on 13th November 2015. For the value to have increased from £284,950 to £403,034 over the eleven years and six months to May 2026, the following assumptions must hold true:

• The value of 3 MALLSIDE CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The November 2015 sale price of £284,950 represented a fair market value for the property.
• The size, condition, and specification of 3 MALLSIDE CLOSE has not materially changed since November 2015.

How Large is 3 MALLSIDE CLOSE?

3 MALLSIDE CLOSE is 116m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 3 MALLSIDE CLOSE lies on this distribution: 44% of detached houses are smaller than 3 MALLSIDE CLOSE, and 54% of detached houses are larger. Note that EPC data is not available for all properties in Lancaster.

3 MALLSIDE CLOSE: Plot

3 MALLSIDE CLOSE sits on a plot of roughly 0.073 of an acre, or 295m².

Where is 3 MALLSIDE CLOSE?

3 MALLSIDE CLOSE is located in LANCASTER, in the LA1 postcode district.