2, HOLKER CLOSE, LANCASTER, LA1 5UW - £250,000

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.

2 HOLKER CLOSE is a small extended detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £371,340. It was last sold for £250,000 in November 2014, which was around 11% above the average November 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

2 HOLKER CLOSE Sold Prices

Land registry data shows three sales for 2 HOLKER CLOSE 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. One of the three 2 HOLKER CLOSE sales was for above the average price, whilst two 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
2014 21 NOV	£250,000	£224,879	11% above HPI
2008 13 JUN	£189,000	£229,441	18% below HPI
2001 20 DEC	£96,500	£103,549	7% below HPI

2 HOLKER 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 three 2 HOLKER CLOSE sales between December 2001 and November 2014 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 2008 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2014 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 2 HOLKER CLOSE be worth now?

2 HOLKER CLOSE might now be worth an estimated £371,340.

This is based on house price inflation of 48.5%, between November 2014 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 48.5% inflationary increase is applied to the most recent sale price for 2 HOLKER CLOSE of £250,000 on 21st November 2014. For the value to have increased from £250,000 to £371,340 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 HOLKER CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The November 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOLKER CLOSE has not materially changed since November 2014.

How Large is 2 HOLKER CLOSE?

2 HOLKER CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in June 2014. 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 2 HOLKER CLOSE lies on this distribution: 21% of detached houses houses are smaller than 2 HOLKER CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

2 HOLKER CLOSE: Plot and Title Map

2 HOLKER CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 2 HOLKER 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 2 HOLKER 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 2 HOLKER CLOSE?

2 HOLKER CLOSE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 2 on HOLKER CLOSE.