2, SHIRESHEAD CRESCENT, LANCASTER, LA1 4LD - £222,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 SHIRESHEAD CRESCENT is a very small extended detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £259,509. It was last sold for £222,500 in August 2021, which was around 22% below the average August 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

2 SHIRESHEAD CRESCENT Sold Prices

Land registry data shows two sales for 2 SHIRESHEAD CRESCENT 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 2 SHIRESHEAD CRESCENT 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 16 AUG	£222,500	£286,390	22% below HPI
1995 17 MAY	£63,000	£78,296	20% below HPI

2 SHIRESHEAD CRESCENT 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 2 SHIRESHEAD CRESCENT sales from May 1995 and August 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 May 1995 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 SHIRESHEAD CRESCENT be worth now?

2 SHIRESHEAD CRESCENT might now be worth an estimated £259,509.

This is based on house price inflation of 16.6%, between August 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 16.6% inflationary increase is applied to the most recent sale price for 2 SHIRESHEAD CRESCENT of £222,500 on 16th August 2021. For the value to have increased from £222,500 to £259,509 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 2 SHIRESHEAD CRESCENT has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The August 2021 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SHIRESHEAD CRESCENT has not materially changed since August 2021.

How Large is 2 SHIRESHEAD CRESCENT?

2 SHIRESHEAD CRESCENT is 76m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% 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 SHIRESHEAD CRESCENT lies on this distribution: 6% of detached houses houses are smaller than 2 SHIRESHEAD CRESCENT, and 93% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

2 SHIRESHEAD CRESCENT: Plot and Title Map

2 SHIRESHEAD CRESCENT sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 2 SHIRESHEAD CRESCENT, 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 SHIRESHEAD CRESCENT). 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 SHIRESHEAD CRESCENT?

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