5, WETHERFIELD CLOSE, LANCASTER, LA1 2TH - £177,500

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.

5 WETHERFIELD CLOSE is a very small extended detached house of 90m², built sometime between 1991 and 1995, which could now be worth an estimated £246,932. It was last sold for £177,500 in July 2017, which was around 26% below the average July 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

5 WETHERFIELD CLOSE Sold Prices

Land registry data shows one sale for 5 WETHERFIELD CLOSE 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
2017 5 JUL	£177,500	£239,171	26% below HPI

What might 5 WETHERFIELD CLOSE be worth now?

5 WETHERFIELD CLOSE might now be worth an estimated £246,932.

This is based on house price inflation of 39.1%, between July 2017 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 39.1% inflationary increase is applied to the most recent sale price for 5 WETHERFIELD CLOSE of £177,500 on 5th July 2017. For the value to have increased from £177,500 to £246,932 over the nine years and three months to April 2026, the following assumptions must hold true:

• The value of 5 WETHERFIELD CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The July 2017 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 5 WETHERFIELD CLOSE has not materially changed since July 2017.

How Large is 5 WETHERFIELD CLOSE?

5 WETHERFIELD CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 5 WETHERFIELD CLOSE lies on this distribution: 17% of detached houses are smaller than 5 WETHERFIELD CLOSE, and 83% of detached houses are larger. Note that EPC data is not available for all properties in Lancaster.

5 WETHERFIELD CLOSE: Plot

5 WETHERFIELD CLOSE sits on a plot of roughly 0.061 of an acre, or 246m².

Where is 5 WETHERFIELD CLOSE?

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