296, TORRISHOLME ROAD, LANCASTER, LA1 2TU - £250,000

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.

296 TORRISHOLME ROAD is a midsized semi-detached house of 129m², built sometime between 1930 and 1949, which could now be worth an estimated £374,128. It was last sold for £250,000 in June 2015, which was around 74% above the average June 2015 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

296 TORRISHOLME ROAD Sold Prices

Land registry data shows two sales for 296 TORRISHOLME ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. One of the two 296 TORRISHOLME ROAD sales was for above the average price, whilst the other was 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
2015 29 JUN	£250,000	£143,801	74% above HPI
2001 6 DEC	£60,000	£61,442	2% below HPI

296 TORRISHOLME ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 296 TORRISHOLME ROAD sales from December 2001 and June 2015 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 December 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2015 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might 296 TORRISHOLME ROAD be worth now?

296 TORRISHOLME ROAD might now be worth an estimated £374,128.

This is based on house price inflation of 49.7%, between June 2015 and February 2025, for semi-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 49.7% inflationary increase is applied to the most recent sale price for 296 TORRISHOLME ROAD of £250,000 on 29th June 2015. For the value to have increased from £250,000 to £374,128 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 296 TORRISHOLME ROAD has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The June 2015 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 296 TORRISHOLME ROAD has not materially changed since June 2015.

How Large is 296 TORRISHOLME ROAD?

296 TORRISHOLME ROAD is 129m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of semi-detached houses houses in Lancaster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lancaster, and where 296 TORRISHOLME ROAD lies on this distribution: 60% of semi-detached houses houses are smaller than 296 TORRISHOLME ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

296 TORRISHOLME ROAD: Plot and Title Map

296 TORRISHOLME ROAD sits on a plot of roughly 0.542 of an acre, or 2,192m². The below map shows the location of 296 TORRISHOLME 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 296 TORRISHOLME 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 296 TORRISHOLME ROAD?

296 TORRISHOLME ROAD is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 296 on TORRISHOLME ROAD.