74, MAIN ROAD, GALGATE, LANCASTER, LA2 0LB - £58,500

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.

74 MAIN ROAD is a terraced house, which could now be worth an estimated £186,463. It was last sold for £58,500 in August 2002, which was around 8% above the average August 2002 terraced price in the Lancaster local authority area.

74 MAIN ROAD Sold Prices

Land registry data shows four sales for 74 MAIN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. One of the four 74 MAIN ROAD sales was for above the average price, whilst two 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
2002 23 AUG	£58,500	£54,165	8% above HPI
2000 28 JAN	£37,750	£38,820	3% below HPI
1996 31 JUL	£35,000	£34,926	Close to HPI
1995 20 OCT	£15,000	£37,074	60% below HPI

What might 74 MAIN ROAD be worth now?

74 MAIN ROAD might now be worth an estimated £186,463.

This is based on house price inflation of 218.7%, between August 2002 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 218.7% inflationary increase is applied to the most recent sale price for 74 MAIN ROAD of £58,500 on 23rd August 2002. For the value to have increased from £58,500 to £186,463 over the 24 years and three months to May 2026, the following assumptions must hold true:

• The value of 74 MAIN ROAD has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The August 2002 sale price of £58,500 represented a fair market value for the property.
• The size, condition, and specification of 74 MAIN ROAD has not materially changed since August 2002.

Where is 74 MAIN ROAD?

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