1, WELL LANE, WARTON, CARNFORTH, LA5 9QZ - £280,000

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.

1 WELL LANE is a midsized detached house of 124m², built sometime between 1950 and 1966, which could now be worth an estimated £384,845. It was last sold for £280,000 in March 2017, which was around 15% above the average March 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

1 WELL LANE Sold Prices

Land registry data shows two sales for 1 WELL LANE 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. Both of the two 1 WELL LANE sales were 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
2017 21 MAR	£280,000	£243,026	15% above HPI
2009 3 AUG	£225,000	£207,973	8% above HPI

1 WELL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 1 WELL LANE sales from August 2009 and March 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2009 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2017 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 1 WELL LANE be worth now?

1 WELL LANE might now be worth an estimated £384,845.

This is based on house price inflation of 37.4%, between March 2017 and February 2025, 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 37.4% inflationary increase is applied to the most recent sale price for 1 WELL LANE of £280,000 on 21st March 2017. For the value to have increased from £280,000 to £384,845 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 1 WELL LANE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The March 2017 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WELL LANE has not materially changed since March 2017.

How Large is 1 WELL LANE?

1 WELL LANE is 124m² according to the EPC inspection conducted in December 2016. This puts it in the largest 50% of detached houses houses in Warton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warton, and where 1 WELL LANE lies on this distribution: 47% of detached houses houses are smaller than 1 WELL LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Warton.

1 WELL LANE: Plot and Title Map

1 WELL LANE sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 1 WELL LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 WELL LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 WELL LANE?

1 WELL LANE is located in WARTON, in the LA5 postcode district. The below map shows the position of No. 1 on WELL LANE.