8, BROADACRE, CATON, LANCASTER, LA2 9NF - £200,000

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 BROADACRE is a detached house, which could now be worth an estimated £321,581. It was last sold for £200,000 in May 2006, which was around 3% below the average May 2006 detached price in the Lancaster local authority area.

8 BROADACRE Sold Prices

Land registry data shows two sales for 8 BROADACRE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. One of the two 8 BROADACRE sales was for below the average price, whilst the other was 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
2006 2 MAY	£200,000	£206,974	3% below HPI
2003 14 NOV	£229,950	£155,758	48% above HPI

What might 8 BROADACRE be worth now?

8 BROADACRE might now be worth an estimated £321,581.

This is based on house price inflation of 60.8%, between May 2006 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 60.8% inflationary increase is applied to the most recent sale price for 8 BROADACRE of £200,000 on 2nd May 2006. For the value to have increased from £200,000 to £321,581 over the twenty years to May 2026, the following assumptions must hold true:

• The value of 8 BROADACRE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The May 2006 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BROADACRE has not materially changed since May 2006.

Where is 8 BROADACRE?

8 BROADACRE is located in CATON, in the LA2 postcode district.