17, LOCKA LANE, LANCASTER, LA1 2JQ - £275,000

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.

17 LOCKA LANE is a midsized detached house of 121m², built sometime between 1967 and 1975, which could now be worth an estimated £383,875. It was last sold for £275,000 in August 2017, which was around 15% above the average August 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.

17 LOCKA LANE Sold Prices

Land registry data shows five sales for 17 LOCKA LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the five 17 LOCKA 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 1 AUG	£275,000	£239,289	15% above HPI
2010 16 JUL	£250,000	£222,180	13% above HPI
2006 13 NOV	£247,000	£215,691	15% above HPI
2000 30 JUN	£118,000	£86,613	36% above HPI
1996 8 NOV	£92,000	£76,202	21% above HPI

17 LOCKA 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 five 17 LOCKA LANE sales between November 1996 and August 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 July 2010 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2017 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 17 LOCKA LANE be worth now?

17 LOCKA LANE might now be worth an estimated £383,875.

This is based on house price inflation of 39.6%, between August 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 39.6% inflationary increase is applied to the most recent sale price for 17 LOCKA LANE of £275,000 on 1st August 2017. For the value to have increased from £275,000 to £383,875 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 17 LOCKA LANE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The August 2017 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 17 LOCKA LANE has not materially changed since August 2017.

How Large is 17 LOCKA LANE?

17 LOCKA LANE is 121m² according to the EPC inspection conducted in January 2010. 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 17 LOCKA LANE lies on this distribution: 51% of detached houses houses are smaller than 17 LOCKA LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

17 LOCKA LANE: Plot and Title Map

17 LOCKA LANE sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 17 LOCKA 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 17 LOCKA 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 17 LOCKA LANE?

17 LOCKA LANE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 17 on LOCKA LANE.