250, WILLOW LANE, LANCASTER, LA1 5UA - £312,500

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.

250 WILLOW LANE is a small detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £371,497. It was last sold for £312,500 in February 2021, which was around 11% above the average February 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

250 WILLOW LANE Sold Prices

Land registry data shows two sales for 250 WILLOW LANE 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 250 WILLOW 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
2021 2 FEB	£312,500	£280,980	11% above HPI
2011 22 JUL	£285,000	£207,897	37% above HPI

250 WILLOW 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 two 250 WILLOW LANE sales from July 2011 and February 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 July 2011 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the February 2021 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 250 WILLOW LANE be worth now?

250 WILLOW LANE might now be worth an estimated £371,497.

This is based on house price inflation of 18.9%, between February 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 18.9% inflationary increase is applied to the most recent sale price for 250 WILLOW LANE of £312,500 on 2nd February 2021. For the value to have increased from £312,500 to £371,497 over the four years to February 2025, the following assumptions must hold true:

• The value of 250 WILLOW LANE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The February 2021 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 250 WILLOW LANE has not materially changed since February 2021.

How Large is 250 WILLOW LANE?

250 WILLOW LANE is 112m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% 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 250 WILLOW LANE lies on this distribution: 39% of detached houses houses are smaller than 250 WILLOW LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

250 WILLOW LANE: Plot and Title Map

250 WILLOW LANE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 250 WILLOW 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 250 WILLOW 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 250 WILLOW LANE?

250 WILLOW LANE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 250 on WILLOW LANE.