10, PIERCE CLOSE, LANCASTER, LA1 5EQ - £365,000

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 PIERCE CLOSE is a small detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £362,911. It was last sold for £365,000 in June 2024, which was around 9% above the average June 2024 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

10 PIERCE CLOSE Sold Prices

Land registry data shows two sales for 10 PIERCE 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. Both of the two 10 PIERCE CLOSE 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
2024 11 JUN	£365,000	£335,949	9% above HPI
1995 28 FEB	£79,000	£77,765	2% above HPI

10 PIERCE 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 PIERCE CLOSE sales from February 1995 and June 2024 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 February 1995 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2024 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 10 PIERCE CLOSE be worth now?

10 PIERCE CLOSE might now be worth an estimated £362,911.

This is based on house price deflation of 0.6%, between June 2024 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 0.6% deflationary decrease is applied to the most recent sale price for 10 PIERCE CLOSE of £365,000 on 11th June 2024. For the value to have decreased from £365,000 to £362,911 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 10 PIERCE CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The June 2024 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PIERCE CLOSE has not materially changed since June 2024.

How Large is 10 PIERCE CLOSE?

10 PIERCE CLOSE is 97m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 30% 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 PIERCE CLOSE lies on this distribution: 21% of detached houses houses are smaller than 10 PIERCE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

10 PIERCE CLOSE: Plot and Title Map

10 PIERCE CLOSE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 10 PIERCE 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 PIERCE 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 PIERCE CLOSE?

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