10, CHELMSFORD CLOSE, LANCASTER, LA1 4BJ - £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.

10 CHELMSFORD CLOSE is a midsized extended detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £244,246. It was last sold for £200,000 in November 2020, which was around 27% below the average November 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

10 CHELMSFORD CLOSE Sold Prices

Land registry data shows two sales for 10 CHELMSFORD CLOSE 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 10 CHELMSFORD CLOSE 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
2020 10 NOV	£200,000	£273,516	27% below HPI
2019 18 APR	£277,500	£249,957	11% above HPI

10 CHELMSFORD CLOSE 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 10 CHELMSFORD CLOSE sales from April 2019 and November 2020 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 April 2019 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 10 CHELMSFORD CLOSE be worth now?

10 CHELMSFORD CLOSE might now be worth an estimated £244,246.

This is based on house price inflation of 22.1%, between November 2020 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 22.1% inflationary increase is applied to the most recent sale price for 10 CHELMSFORD CLOSE of £200,000 on 10th November 2020. For the value to have increased from £200,000 to £244,246 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 10 CHELMSFORD CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The November 2020 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 10 CHELMSFORD CLOSE has not materially changed since November 2020.

How Large is 10 CHELMSFORD CLOSE?

10 CHELMSFORD CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 50% of detached houses houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancaster, and where 10 CHELMSFORD CLOSE lies on this distribution: 50% of detached houses houses are smaller than 10 CHELMSFORD CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

10 CHELMSFORD CLOSE: Plot and Title Map

10 CHELMSFORD CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 10 CHELMSFORD CLOSE, 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 10 CHELMSFORD CLOSE). 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 10 CHELMSFORD CLOSE?

10 CHELMSFORD CLOSE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 10 on CHELMSFORD CLOSE.