43, CORK ROAD, LANCASTER, LA1 4AY - £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.

43 CORK ROAD is a very small semi-detached house of 83m², built sometime between 1930 and 1949, which could now be worth an estimated £339,801. It was last sold for £250,000 in May 2019, which was around 58% above the average May 2019 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

43 CORK ROAD Sold Prices

Land registry data shows three sales for 43 CORK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. All of the three 43 CORK ROAD sales 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
2019 3 MAY	£250,000	£158,328	58% above HPI
2011 23 MAR	£152,000	£132,698	15% above HPI
2007 9 MAR	£165,000	£141,333	17% above HPI

43 CORK 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 three 43 CORK ROAD sales between March 2007 and May 2019 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 March 2011 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2019 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 43 CORK ROAD be worth now?

43 CORK ROAD might now be worth an estimated £339,801.

This is based on house price inflation of 35.9%, between May 2019 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 35.9% inflationary increase is applied to the most recent sale price for 43 CORK ROAD of £250,000 on 3rd May 2019. For the value to have increased from £250,000 to £339,801 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 43 CORK ROAD has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The May 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 43 CORK ROAD has not materially changed since May 2019.

How Large is 43 CORK ROAD?

43 CORK ROAD is 83m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 20% 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 43 CORK ROAD lies on this distribution: 12% of semi-detached houses houses are smaller than 43 CORK ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

43 CORK ROAD: Plot and Title Map

43 CORK ROAD sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 43 CORK 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 43 CORK 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 43 CORK ROAD?

43 CORK ROAD is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 43 on CORK ROAD.