4, WETHERFIELD CLOSE, LANCASTER, LA1 2TH - £205,000

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.

4 WETHERFIELD CLOSE is a detached house, which could now be worth an estimated £278,010. It was last sold for £205,000 in October 2007, which was around 16% below the average October 2007 detached price in the Lancaster local authority area.

4 WETHERFIELD CLOSE Sold Prices

Land registry data shows two sales for 4 WETHERFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 4 WETHERFIELD CLOSE sales were for below 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
2007 5 OCT	£205,000	£245,347	16% below HPI
2000 9 JUN	£85,000	£86,613	2% below HPI

What might 4 WETHERFIELD CLOSE be worth now?

4 WETHERFIELD CLOSE might now be worth an estimated £278,010.

This is based on house price inflation of 35.6%, between October 2007 and April 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 35.6% inflationary increase is applied to the most recent sale price for 4 WETHERFIELD CLOSE of £205,000 on 5th October 2007. For the value to have increased from £205,000 to £278,010 over the nineteen years and six months to April 2026, the following assumptions must hold true:

• The value of 4 WETHERFIELD CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The October 2007 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WETHERFIELD CLOSE has not materially changed since October 2007.

Where is 4 WETHERFIELD CLOSE?

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