2, LANCASTER CLOSE, SOUTHPORT, PR8 2LD - £335,000

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 LANCASTER CLOSE is a large extended detached house of 154m², built sometime between 1983 and 1990, which could now be worth an estimated £461,368. It was last sold for £335,000 in January 2018, which was around 21% above the average January 2018 detached price in the Sefton local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

2 LANCASTER CLOSE Sold Prices

Land registry data shows two sales for 2 LANCASTER 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 Sefton local authority area for the corresponding sale date. Both of the two 2 LANCASTER 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
2018 29 JAN	£335,000	£276,641	21% above HPI
1996 17 JUL	£143,000	£84,244	70% above HPI

2 LANCASTER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sefton local authority area over time, sourced from the HPI. The two 2 LANCASTER CLOSE sales from July 1996 and January 2018 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 1996 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the January 2018 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 2 LANCASTER CLOSE be worth now?

2 LANCASTER CLOSE might now be worth an estimated £461,368.

This is based on house price inflation of 37.7%, between January 2018 and February 2025, for detached houses, in the Sefton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.7% inflationary increase is applied to the most recent sale price for 2 LANCASTER CLOSE of £335,000 on 29th January 2018. For the value to have increased from £335,000 to £461,368 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 LANCASTER CLOSE has moved in line with the HPI for detached houses in the Sefton local authority area.
• The January 2018 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LANCASTER CLOSE has not materially changed since January 2018.

How Large is 2 LANCASTER CLOSE?

2 LANCASTER CLOSE is 154m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 40% of detached houses houses in Southport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southport, and where 2 LANCASTER CLOSE lies on this distribution: 60% of detached houses houses are smaller than 2 LANCASTER CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Southport.

2 LANCASTER CLOSE: Plot and Title Map

2 LANCASTER CLOSE sits on a plot of roughly 2.7 acres, or 10,897m². The below map shows the location of 2 LANCASTER 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 LANCASTER 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 LANCASTER CLOSE?

2 LANCASTER CLOSE is located in SOUTHPORT, in the PR8 postcode district. The below map shows the position of No. 2 on LANCASTER CLOSE.