40, LOW MILL, CATON, LANCASTER, LA2 9HY - £117,500

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.

40 LOW MILL is a small extended flat of 48m², built sometime between 1991 and 1995, which could now be worth an estimated £151,564. It was last sold for £117,500 in December 2014, which was around 37% above the average December 2014 flat price in the Lancaster local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

40 LOW MILL Sold Prices

Land registry data shows three sales for 40 LOW MILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Lancaster local authority area for the corresponding sale date. All of the three 40 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
2014 1 DEC	£117,500	£85,561	37% above HPI
2004 11 JUN	£111,000	£81,554	36% above HPI
1996 12 JUL	£54,000	£30,479	77% above HPI

What might 40 LOW MILL be worth now?

40 LOW MILL might now be worth an estimated £151,564.

This is based on house price inflation of 29%, between December 2014 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 29% inflationary increase is applied to the most recent sale price for 40 LOW MILL of £117,500 on 1st December 2014. For the value to have increased from £117,500 to £151,564 over the twelve years and seven months to May 2026, the following assumptions must hold true:

• The value of 40 LOW MILL has moved in line with the HPI for flats in the Lancaster local authority area.
• The December 2014 sale price of £117,500 represented a fair market value for the property.
• The size, condition, and specification of 40 LOW MILL has not materially changed since December 2014.

How Large is 40 LOW MILL?

40 LOW MILL is 48m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the smallest 30% of flats in Caton, based on EPC data. 27% of flats are smaller than 40 LOW MILL, and 70% of flats are larger. Note that EPC data is not available for all properties in Caton.

40 LOW MILL: Plot

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

Where is 40 LOW MILL?

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