56A, MAIN ROAD, GALGATE, LANCASTER, LA2 0LB - £215,000

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.

56A MAIN ROAD is a very large terraced house of 160m², built sometime between 1900 and 1929, which could now be worth an estimated £293,771. It was last sold for £215,000 in March 2020, which was around 70% above the average March 2020 terraced price in the Lancaster local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was C.

56A MAIN ROAD Sold Prices

Land registry data shows one sale for 56A MAIN ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2020 19 MAR	£215,000	£126,353	70% above HPI

What might 56A MAIN ROAD be worth now?

56A MAIN ROAD might now be worth an estimated £293,771.

This is based on house price inflation of 36.6%, between March 2020 and May 2026, for terraced 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 36.6% inflationary increase is applied to the most recent sale price for 56A MAIN ROAD of £215,000 on 19th March 2020. For the value to have increased from £215,000 to £293,771 over the five years and ten months to May 2026, the following assumptions must hold true:

• The value of 56A MAIN ROAD has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The March 2020 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 56A MAIN ROAD has not materially changed since March 2020.

How Large is 56A MAIN ROAD?

56A MAIN ROAD is 160m² according to the EPC inspection conducted in February 2020. This puts it in the largest 10% of terraced houses in Galgate, based on EPC data. The below chart shows the distribution of terraced houses by size in Galgate, and where 56A MAIN ROAD lies on this distribution: More than 99% of terraced houses are smaller than 56A MAIN ROAD, and less than 1% of terraced houses are larger. Note that EPC data is not available for all properties in Galgate.

56A MAIN ROAD: Plot

56A MAIN ROAD sits on a plot of roughly 0.021 of an acre, or 86m².

Where is 56A MAIN ROAD?

56A MAIN ROAD is located in GALGATE, in the LA2 postcode district.