4, PARKGATE DRIVE, LANCASTER, LA1 3FE - £96,500

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.

4 PARKGATE DRIVE is a small detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £385,517. It was last sold for £96,500 in June 1999, which was around 16% above the average June 1999 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

4 PARKGATE DRIVE Sold Prices

Land registry data shows one sale for 4 PARKGATE DRIVE 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
1999 28 JUN	£96,500	£83,303	16% above HPI

What might 4 PARKGATE DRIVE be worth now?

4 PARKGATE DRIVE might now be worth an estimated £385,517.

This is based on house price inflation of 299.5%, between June 1999 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 299.5% inflationary increase is applied to the most recent sale price for 4 PARKGATE DRIVE of £96,500 on 28th June 1999. For the value to have increased from £96,500 to £385,517 over the 27 years and one month to May 2026, the following assumptions must hold true:

• The value of 4 PARKGATE DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The June 1999 sale price of £96,500 represented a fair market value for the property.
• The size, condition, and specification of 4 PARKGATE DRIVE has not materially changed since June 1999.

How Large is 4 PARKGATE DRIVE?

4 PARKGATE DRIVE is 107m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 4 PARKGATE DRIVE lies on this distribution: 31% of detached houses are smaller than 4 PARKGATE DRIVE, and 68% of detached houses are larger. Note that EPC data is not available for all properties in Lancaster.

4 PARKGATE DRIVE: Plot

4 PARKGATE DRIVE sits on a plot of roughly 0.070 of an acre, or 282m².

Where is 4 PARKGATE DRIVE?

4 PARKGATE DRIVE is located in LANCASTER, in the LA1 postcode district.