3, WILTON CLOSE, LANCASTER, LA1 2TL - £227,500

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.

3 WILTON CLOSE is a small detached house of 109m², built sometime between 1991 and 1995, which could now be worth an estimated £302,912. It was last sold for £227,500 in February 2020, which was around 9% below the average February 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

3 WILTON CLOSE Sold Prices

Land registry data shows four sales for 3 WILTON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the four 3 WILTON 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
2020 10 FEB	£227,500	£250,868	9% below HPI
2016 24 JUN	£200,000	£235,532	15% below HPI
1999 30 JUL	£76,000	£86,362	12% below HPI
1996 15 NOV	£72,000	£76,202	6% below HPI

3 WILTON 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 four 3 WILTON CLOSE sales between November 1996 and February 2020 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 June 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 3 WILTON CLOSE be worth now?

3 WILTON CLOSE might now be worth an estimated £302,912.

This is based on house price inflation of 33.1%, between February 2020 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 33.1% inflationary increase is applied to the most recent sale price for 3 WILTON CLOSE of £227,500 on 10th February 2020. For the value to have increased from £227,500 to £302,912 over the five years to February 2025, the following assumptions must hold true:

• The value of 3 WILTON CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The February 2020 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 3 WILTON CLOSE has not materially changed since February 2020.

How Large is 3 WILTON CLOSE?

3 WILTON CLOSE is 109m² according to the EPC inspection conducted in February 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 3 WILTON CLOSE lies on this distribution: 34% of detached houses houses are smaller than 3 WILTON CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

3 WILTON CLOSE: Plot and Title Map

3 WILTON CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 3 WILTON 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 3 WILTON 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 3 WILTON CLOSE?

3 WILTON CLOSE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 3 on WILTON CLOSE.