31, LOW MILL, CATON, LANCASTER, LA2 9HY - £85,000

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.

31 LOW MILL is a small flat of 50m², built sometime between 1991 and 1995, which could now be worth an estimated £111,081. It was last sold for £85,000 in July 2013, which was around 1% above the average July 2013 flat price in the Lancaster local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

31 LOW MILL Sold Prices

Land registry data shows four sales for 31 LOW MILL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Lancaster local authority area for the corresponding sale date. All of the four 31 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
2013 12 JUL	£85,000	£84,453	1% above HPI
2002 12 JUL	£66,950	£47,024	42% above HPI
1999 20 AUG	£60,000	£32,804	83% above HPI
1995 6 APR	£45,000	£32,181	40% above HPI

What might 31 LOW MILL be worth now?

31 LOW MILL might now be worth an estimated £111,081.

This is based on house price inflation of 30.7%, between July 2013 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 30.7% inflationary increase is applied to the most recent sale price for 31 LOW MILL of £85,000 on 12th July 2013. For the value to have increased from £85,000 to £111,081 over the thirteen years and two months to May 2026, the following assumptions must hold true:

• The value of 31 LOW MILL has moved in line with the HPI for flats in the Lancaster local authority area.
• The July 2013 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 31 LOW MILL has not materially changed since July 2013.

How Large is 31 LOW MILL?

31 LOW MILL is 50m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 40% of flats in Caton, based on EPC data. 39% of flats are smaller than 31 LOW MILL, and 61% of flats are larger. Note that EPC data is not available for all properties in Caton.

31 LOW MILL: Plot

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

Where is 31 LOW MILL?

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