3, WETHERFIELD CLOSE, LANCASTER, LA1 2TH - £245,000

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.

3 WETHERFIELD CLOSE is a semi-detached house, which could now be worth an estimated £272,327. It was last sold for £245,000 in February 2022, which was around 27% above the average February 2022 semi-detached price in the Lancaster local authority area.

3 WETHERFIELD CLOSE Sold Prices

Land registry data shows two sales for 3 WETHERFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 3 WETHERFIELD CLOSE 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
2022 11 FEB	£245,000	£193,449	27% above HPI
2000 17 APR	£87,950	£51,611	70% above HPI

What might 3 WETHERFIELD CLOSE be worth now?

3 WETHERFIELD CLOSE might now be worth an estimated £272,327.

This is based on house price inflation of 11.2%, between February 2022 and April 2026, for semi-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 11.2% inflationary increase is applied to the most recent sale price for 3 WETHERFIELD CLOSE of £245,000 on 11th February 2022. For the value to have increased from £245,000 to £272,327 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 3 WETHERFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The February 2022 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WETHERFIELD CLOSE has not materially changed since February 2022.

Where is 3 WETHERFIELD CLOSE?

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