21, WASHINGTON CLOSE, LANCASTER, LA1 5EX - £200,000

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.

21 WASHINGTON CLOSE is a very small detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £283,635. It was last sold for £200,000 in June 2016, which was around 15% below the average June 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

21 WASHINGTON CLOSE Sold Prices

Land registry data shows five sales for 21 WASHINGTON CLOSE 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 21 WASHINGTON CLOSE 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
2016 29 JUN	£200,000	£235,532	15% below HPI
2011 28 OCT	£190,000	£212,086	10% below HPI
2006 10 NOV	£165,000	£215,691	24% below HPI
2000 30 JUN	£65,500	£86,613	24% below HPI
1996 23 AUG	£63,950	£76,259	16% below HPI

21 WASHINGTON 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 five 21 WASHINGTON CLOSE sales between August 1996 and June 2016 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 October 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 21 WASHINGTON CLOSE be worth now?

21 WASHINGTON CLOSE might now be worth an estimated £283,635.

This is based on house price inflation of 41.8%, between June 2016 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 41.8% inflationary increase is applied to the most recent sale price for 21 WASHINGTON CLOSE of £200,000 on 29th June 2016. For the value to have increased from £200,000 to £283,635 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 21 WASHINGTON CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The June 2016 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 21 WASHINGTON CLOSE has not materially changed since June 2016.

How Large is 21 WASHINGTON CLOSE?

21 WASHINGTON CLOSE is 72m² according to the EPC inspection conducted in August 2014. 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 21 WASHINGTON CLOSE lies on this distribution: 4% of detached houses houses are smaller than 21 WASHINGTON CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

21 WASHINGTON CLOSE: Plot and Title Map

21 WASHINGTON CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 21 WASHINGTON 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 21 WASHINGTON 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 21 WASHINGTON CLOSE?

21 WASHINGTON CLOSE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 21 on WASHINGTON CLOSE.