39A, WATERY LANE, LANCASTER, LA1 2SQ - £260,000

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.

39A WATERY LANE is a midsized extended detached house of 117m², built sometime between 1996 and 2002, which could now be worth an estimated £266,601. It was last sold for £260,000 in March 2024, which was around 20% below the average March 2024 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

39A WATERY LANE Sold Prices

Land registry data shows two sales for 39A WATERY 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 39A WATERY LANE 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
2024 31 MAR	£260,000	£325,755	20% below HPI
2020 28 AUG	£260,000	£267,895	3% below HPI

39A WATERY 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 39A WATERY LANE sales from August 2020 and March 2024 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 August 2020 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2024 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 39A WATERY LANE be worth now?

39A WATERY LANE might now be worth an estimated £266,601.

This is based on house price inflation of 2.5%, between March 2024 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 2.5% inflationary increase is applied to the most recent sale price for 39A WATERY LANE of £260,000 on 31st March 2024. For the value to have increased from £260,000 to £266,601 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 39A WATERY LANE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The March 2024 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 39A WATERY LANE has not materially changed since March 2024.

How Large is 39A WATERY LANE?

39A WATERY LANE is 117m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% 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 39A WATERY LANE lies on this distribution: 47% of detached houses houses are smaller than 39A WATERY LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

39A WATERY LANE: Plot and Title Map

39A WATERY LANE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 39A WATERY 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 39A WATERY 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 39A WATERY LANE?

39A WATERY LANE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 39A on WATERY LANE.