8, ASCOT CLOSE, LANCASTER, LA1 4LT - £315,000

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.

8 ASCOT CLOSE is a large detached house of 138m², built sometime between 1967 and 1975, which could now be worth an estimated £413,141. It was last sold for £315,000 in October 2018, which was around 24% above the average October 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

8 ASCOT CLOSE Sold Prices

Land registry data shows one sale for 8 ASCOT 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
2018 17 OCT	£315,000	£253,740	24% above HPI

What might 8 ASCOT CLOSE be worth now?

8 ASCOT CLOSE might now be worth an estimated £413,141.

This is based on house price inflation of 31.2%, between October 2018 and May 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 31.2% inflationary increase is applied to the most recent sale price for 8 ASCOT CLOSE of £315,000 on 17th October 2018. For the value to have increased from £315,000 to £413,141 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 8 ASCOT CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The October 2018 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ASCOT CLOSE has not materially changed since October 2018.

How Large is 8 ASCOT CLOSE?

8 ASCOT CLOSE is 138m² according to the EPC inspection conducted in December 2017. This puts it in the largest 40% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 8 ASCOT CLOSE lies on this distribution: 69% of detached houses are smaller than 8 ASCOT CLOSE, and 30% of detached houses are larger. Note that EPC data is not available for all properties in Lancaster.

8 ASCOT CLOSE: Plot

8 ASCOT CLOSE sits on a plot of roughly 0.105 of an acre, or 426m².

Where is 8 ASCOT CLOSE?

8 ASCOT CLOSE is located in LANCASTER, in the LA1 postcode district.