14, WELL LANE, WARTON, CARNFORTH, LA5 9QZ - £245,000

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.

14 WELL LANE is a very small detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £327,402. It was last sold for £245,000 in April 2019, which was around 2% below the average April 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

14 WELL LANE Sold Prices

Land registry data shows three sales for 14 WELL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the three 14 WELL LANE 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
2019 24 APR	£245,000	£249,957	2% below HPI
2018 20 DEC	£235,000	£245,843	4% below HPI
2014 2 SEP	£220,000	£226,749	3% below HPI

14 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 three 14 WELL LANE sales between September 2014 and April 2019 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 December 2018 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 14 WELL LANE be worth now?

14 WELL LANE might now be worth an estimated £327,402.

This is based on house price inflation of 33.6%, between April 2019 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 33.6% inflationary increase is applied to the most recent sale price for 14 WELL LANE of £245,000 on 24th April 2019. For the value to have increased from £245,000 to £327,402 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 14 WELL LANE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The April 2019 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 14 WELL LANE has not materially changed since April 2019.

How Large is 14 WELL LANE?

14 WELL LANE is 95m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% 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 14 WELL LANE lies on this distribution: 14% of detached houses houses are smaller than 14 WELL LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Warton.

14 WELL LANE: Plot and Title Map

14 WELL LANE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 14 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 14 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 14 WELL LANE?

14 WELL LANE is located in WARTON, in the LA5 postcode district. The below map shows the position of No. 14 on WELL LANE.