8, CLEATON CLOSE, LANCASTER, LA1 3FW - £247,995

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 CLEATON CLOSE is a very large terraced house of 119m², built in 2013, which could now be worth an estimated £343,879. It was last sold for £247,995 in March 2019, which was around 99% above the average March 2019 terraced price in the Lancaster local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was A.

8 CLEATON CLOSE Sold Prices

Land registry data shows one sale for 8 CLEATON CLOSE 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
2019 29 MAR	£247,995	£124,507	99% above HPI

What might 8 CLEATON CLOSE be worth now?

8 CLEATON CLOSE might now be worth an estimated £343,879.

This is based on house price inflation of 38.7%, between March 2019 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 38.7% inflationary increase is applied to the most recent sale price for 8 CLEATON CLOSE of £247,995 on 29th March 2019. For the value to have increased from £247,995 to £343,879 over the six years and ten months to May 2026, the following assumptions must hold true:

• The value of 8 CLEATON CLOSE has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The March 2019 sale price of £247,995 represented a fair market value for the property.
• The size, condition, and specification of 8 CLEATON CLOSE has not materially changed since March 2019.

How Large is 8 CLEATON CLOSE?

8 CLEATON CLOSE is 119m² according to the EPC inspection conducted in March 2019. This puts it in the largest 20% of terraced houses in Lancaster, based on EPC data. The below chart shows the distribution of terraced houses by size in Lancaster, and where 8 CLEATON CLOSE lies on this distribution: 88% of terraced houses are smaller than 8 CLEATON CLOSE, and 11% of terraced houses are larger. Note that EPC data is not available for all properties in Lancaster.

8 CLEATON CLOSE: Plot

8 CLEATON CLOSE sits on a plot of roughly 0.049 of an acre, or 200m².

Where is 8 CLEATON CLOSE?

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