5, MARINER WAY, LANCASTER, LA1 5TS - £294,330

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 MARINER WAY is a small detached house of 110m², which could now be worth an estimated £308,900. It was last sold for £294,330 in July 2022, which was around 8% below the average July 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was A.

5 MARINER WAY Sold Prices

Land registry data shows two sales for 5 MARINER WAY 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 5 MARINER WAY 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
2022 12 JUL	£294,330	£318,271	8% below HPI
2018 2 MAR	£219,995	£245,820	11% below HPI

5 MARINER WAY 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 5 MARINER WAY sales from March 2018 and July 2022 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 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 5 MARINER WAY be worth now?

5 MARINER WAY might now be worth an estimated £308,900.

This is based on house price inflation of 5%, between July 2022 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 5% inflationary increase is applied to the most recent sale price for 5 MARINER WAY of £294,330 on 12th July 2022. For the value to have increased from £294,330 to £308,900 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 5 MARINER WAY has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The July 2022 sale price of £294,330 represented a fair market value for the property.
• The size, condition, and specification of 5 MARINER WAY has not materially changed since July 2022.

How Large is 5 MARINER WAY?

5 MARINER WAY is 110m² according to the EPC inspection conducted in May 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 5 MARINER WAY lies on this distribution: 35% of detached houses houses are smaller than 5 MARINER WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

5 MARINER WAY: Plot and Title Map

5 MARINER WAY sits on a plot of roughly 1.8 acres, or 7,181m². The below map shows the location of 5 MARINER WAY, 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 5 MARINER WAY). 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 5 MARINER WAY?

5 MARINER WAY is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 5 on MARINER WAY.