13, FIFE STREET, LANCASTER, LA1 5TT - £248,000

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.

13 FIFE STREET is a small detached house of 110m², which could now be worth an estimated £279,924. It was last sold for £248,000 in October 2021, which was around 16% below the average October 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was A.

13 FIFE STREET Sold Prices

Land registry data shows two sales for 13 FIFE STREET 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 13 FIFE STREET sales were for below 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
2021 22 OCT	£248,000	£295,932	16% below HPI
2017 16 JUN	£219,995	£243,070	9% below HPI

13 FIFE STREET 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 13 FIFE STREET sales from June 2017 and October 2021 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 June 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 13 FIFE STREET be worth now?

13 FIFE STREET might now be worth an estimated £279,924.

This is based on house price inflation of 12.9%, between October 2021 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 12.9% inflationary increase is applied to the most recent sale price for 13 FIFE STREET of £248,000 on 22nd October 2021. For the value to have increased from £248,000 to £279,924 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 13 FIFE STREET has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The October 2021 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 13 FIFE STREET has not materially changed since October 2021.

How Large is 13 FIFE STREET?

13 FIFE STREET is 110m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% 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 13 FIFE STREET lies on this distribution: 35% of detached houses houses are smaller than 13 FIFE STREET, and 62% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

13 FIFE STREET: Plot and Title Map

13 FIFE STREET sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 13 FIFE STREET, 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 13 FIFE STREET). 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 13 FIFE STREET?

13 FIFE STREET is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 13 on FIFE STREET.