4, FIFE STREET, LANCASTER, LA1 5TW - £333,000

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.

4 FIFE STREET is a small detached house of 110m², which could now be worth an estimated £335,025. It was last sold for £333,000 in January 2023, which was about the average January 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

4 FIFE STREET Sold Prices

Land registry data shows four sales for 4 FIFE STREET 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. The four 4 FIFE STREET sales were a mix of roughly equal to the average price, and 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
2023 12 JAN	£333,000	£332,007	Close to HPI
2021 3 SEP	£3,200	£286,806	99% below HPI
2021 5 JUL	£245,995	£282,527	13% below HPI
2016 3 NOV	£239,995	£242,280	1% below HPI

4 FIFE STREET 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 4 FIFE STREET sales between November 2016 and January 2023 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 September 2021 sale was for 99% below the HPI. So the extrapolation line tracks at 99% below the HPI over time, until the January 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 4 FIFE STREET be worth now?

4 FIFE STREET might now be worth an estimated £335,025.

This is based on house price inflation of 0.6%, between January 2023 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 0.6% inflationary increase is applied to the most recent sale price for 4 FIFE STREET of £333,000 on 12th January 2023. For the value to have increased from £333,000 to £335,025 over the one year and eleven months to February 2025, the following assumptions must hold true:

• The value of 4 FIFE STREET has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The January 2023 sale price of £333,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FIFE STREET has not materially changed since January 2023.

How Large is 4 FIFE STREET?

4 FIFE STREET is 110m² according to the EPC inspection conducted in August 2016. 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 4 FIFE STREET lies on this distribution: 35% of detached houses houses are smaller than 4 FIFE STREET, and 62% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

4 FIFE STREET: Plot and Title Map

4 FIFE STREET sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 4 FIFE STREET, 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 4 FIFE STREET). 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 4 FIFE STREET?

4 FIFE STREET is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 4 on FIFE STREET.