THE SPINNEY, WILLY LANE, COCKERHAM, LANCASTER, LA2 0EA - £145,000

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.

THE SPINNEY is a detached house, which could now be worth an estimated £629,332. It was last sold for £145,000 in May 1997, which was around 89% above the average May 1997 detached price in the Lancaster local authority area.

THE SPINNEY Sold Prices

Land registry data shows one sale for THE SPINNEY 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
1997 28 MAY	£145,000	£76,677	89% above HPI

What might THE SPINNEY be worth now?

THE SPINNEY might now be worth an estimated £629,332.

This is based on house price inflation of 334%, between May 1997 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 334% inflationary increase is applied to the most recent sale price for THE SPINNEY of £145,000 on 28th May 1997. For the value to have increased from £145,000 to £629,332 over the 29 years to May 2026, the following assumptions must hold true:

• The value of THE SPINNEY has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The May 1997 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of THE SPINNEY has not materially changed since May 1997.

Where is THE SPINNEY?

THE SPINNEY is located on WILLY LANE in COCKERHAM, in the LA2 postcode district.