29, MAIN ROAD, GALGATE, LANCASTER, LA2 0JW - £114,000

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.

29 MAIN ROAD is a very small extended terraced house of 91m², built sometime between 1900 and 1929, which could now be worth an estimated £167,267. It was last sold for £114,000 in July 2014, which was around 2% below the average July 2014 terraced price in the Lancaster local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was C.

29 MAIN ROAD Sold Prices

Land registry data shows four sales for 29 MAIN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. two of the four 29 MAIN ROAD sales were for below the average price, and four 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
2014 29 JUL	£114,000	£116,709	2% below HPI
2007 5 JAN	£124,000	£114,963	8% above HPI
2005 4 FEB	£83,500	£96,414	13% below HPI
1999 17 DEC	£41,500	£39,426	5% above HPI

29 MAIN ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lancaster local authority area over time, sourced from the HPI. The four 29 MAIN ROAD sales between December 1999 and July 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 January 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2014 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 29 MAIN ROAD be worth now?

29 MAIN ROAD might now be worth an estimated £167,267.

This is based on house price inflation of 46.7%, between July 2014 and July 2025, for terraced 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 46.7% inflationary increase is applied to the most recent sale price for 29 MAIN ROAD of £114,000 on 29th July 2014. For the value to have increased from £114,000 to £167,267 over the eleven years to July 2025, the following assumptions must hold true:

• The value of 29 MAIN ROAD has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The July 2014 sale price of £114,000 represented a fair market value for the property.
• The size, condition, and specification of 29 MAIN ROAD has not materially changed since July 2014.

How Large is 29 MAIN ROAD?

29 MAIN ROAD is 91m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 20% of terraced houses houses in Galgate, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Galgate, and where 29 MAIN ROAD lies on this distribution: 16% of terraced houses houses are smaller than 29 MAIN ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Galgate.

29 MAIN ROAD: Plot and Title Map

29 MAIN ROAD sits on a plot of roughly 0.015 of an acre, or 59m². The below map shows the location of 29 MAIN ROAD, 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 29 MAIN ROAD). 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 29 MAIN ROAD?

29 MAIN ROAD is located in GALGATE, in the LA2 postcode district. The below map shows the position of No. 29 on MAIN ROAD.